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CoStar: Hotel metrics rise for week ending March 14

RevPAR rose in 20 of the top 25 markets

CoStar: Hotel metrics rise for week ending March 14

Occupancy rose to 65.7 percent for week ending March 14 from 63 percent the prior week, according to CoStar. ADR increased to $167.97 and RevPAR reached $110.29.

Photo credit: CoStar
  • CoStar: Occupancy rose to 65.7 percent from 63 percent the prior week.
  • San Francisco led year-over-year gains among the top 25 markets.
  • RevPAR rose in 20 of the top 25 markets.

U.S. HOTEL METRICS improved for the week ending March 14, with weekly and yearly gains, according to CoStar. Overall, 20 of the top 25 markets saw a lift in RevPAR.

Occupancy rose to 65.7 percent for the week ending March 14, from 63 percent the prior week, up 2.3 percent year over year. ADR rose to $167.97 from $166.47, up 3.2 percent year over year. RevPAR rose to $110.29 from $104.92, up 5.6 percent year over year.


Among the top 25 markets, San Francisco led year-over-year gains: occupancy rose 22.1 percent to 77.5 percent, ADR reached $263.43, up 34.6 percent and RevPAR hit $204.08, up 64.4 percent, driven by the Game Developers Conference.

World Baseball Classic host Miami posted the second-largest gains: occupancy rose 10.1 percent to 87.3 percent, ADR increased 17 percent to $315.14 and RevPAR climbed 28.9 percent to $275.04.

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