CoStar Report: Hotel Metrics for the Week of May 3, 2025 Surge
U.S. HOTEL METRICS improved for the week ending May 3, with gains both week over week and year over year, according to CoStar. San Francisco led the top 25 markets in all three key performance metrics compared to the same week last year.
Performance growth early in the week was driven by the Passover calendar shift, the CoStar report said.
Occupancy rose to 65.8 percent for the week ending May 3, up from 65.1 percent the week prior, and was 1.8 percent higher than the comparable week in 2024. ADR increased to $164.33 from $161.98, a 2.2 percent year-over-year gain. RevPAR grew to $108.06 from $105.40, up 4.1 percent from last year.
Among the top 25 markets, San Francisco recorded the largest year-over-year gains across all key metrics, with occupancy up 26.9 percent to 81.9 percent, ADR rising 70.2 percent to $325.57 and RevPAR climbing 116 percent to $266.58, driven by the RSA Conference.
The steepest RevPAR declines were in Las Vegas, down 19.1 percent to $125.67, and New Orleans, down 15 percent to $134.67.