- Occupancy fell to 69.8 percent for the week ended Oct. 24.
- Tampa led the top 25 markets in occupancy growth.
- Chicago recorded the largest gains in ADR and RevPAR.
U.S. HOTELS POSTED mixed results week over week but gains year over year for the week ended Oct. 24, according to CoStar data. Tampa had the largest occupancy gain among the top 25 markets.
Occupancy fell to 69.8 percent for the week ended Oct. 24 from 70.7 percent the previous week but increased 4.8 percent year over year. ADR rose to $179.55 from $177.65, up 7.4 percent year over year. RevPAR declined to $125.31 from $125.53 but rose 12.6 percent year over year.
Among the top 25 markets, Tampa recorded the largest occupancy gain, rising 14.8 percent to 72.6 percent.
Chicago had the largest gains in ADR, up 26.4 percent to $235.51, and RevPAR, up 39.7 percent to $189.26. PACK EXPO International helped drive the results.
Oahu registered the steepest declines in occupancy and RevPAR. Occupancy fell 10.2 percent to 72.2 percent, and RevPAR declined 10.7 percent to $185.74.
Anaheim had the largest ADR decline, down 8 percent to $197.55.
