- Occupancy rose to 62.2 percent as of Feb. 21, CoStar reported.
- New Orleans ADR reached $225.77 and RevPAR $177.42.
- Las Vegas occupancy rose 20 percent to 83.3 percent.
U.S. HOTEL PERFORMANCE was mixed for the week ending Feb. 21, according to CoStar. Occupancy rose, ADR and RevPAR fell slightly, while year-over-year metrics increased.
Occupancy rose to 62.2 percent for the week ending Feb. 21, from 61.5 percent the prior week and up 3.1 points year over year. ADR fell to $164.56 from $167.98, up 3 percent year over year. RevPAR declined to $102.35 from $103.35, 6.2 percent above the same week in 2025.
Among the top 25 markets, New Orleans led in ADR, rising 14.4 percent to $225.77 and RevPAR, up 31.4 percent to $177.42, supported by Mardi Gras.
Las Vegas had the largest occupancy increase, up 20 percent to 83.3 percent and the second-largest RevPAR gain, up 28.6 percent to $152.79, driven by the WVC Annual Conference, MAGIC Las Vegas and PROJECT Las Vegas.
Boston had the largest declines across all three metrics: occupancy fell 14.4 percent to 56.1 percent, ADR dropped 6.7 percent to $158.28 and RevPAR declined 20.1 percent to $88.75.
