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CoStar: Hotels dip weekly, YoY growth slows

San Francisco led gains across three metrics

CoStar: Hotels dip weekly, YoY growth slows

Occupancy fell to 64.1 percent for the week ended Aug. 29, according to CoStar. ADR fell to $157.14, while RevPAR fell to $100.69.

Photo credit: CoStar
  • Occupancy fell to 64.1 percent.
  • ADR fell to $157.14; RevPAR to $100.69.
  • YoY growth slowed due to a Labor Day shift.

U.S. HOTEL METRICS continued to fall week over week but rose year over year for the week ended Aug. 29, according to CoStar. Year-over-year growth slowed because of a shift in the Labor Day calendar.

Occupancy eased to 64.1 percent for the week ended Aug. 29, down from 66.7 percent the previous week, but rose 1.1 percent year over year. ADR fell to $157.14 from $159.11 and climbed 0.6 percent year over year. RevPAR dipped to $100.69 from $106.12 and gained 1.7 percent year over year.


Among the top 25 markets, San Francisco posted the largest gains across all three metrics. Occupancy rose 25 percent to 82.8 percent, ADR increased 28 percent to $231.82 and RevPAR climbed 59.9 percent to $191.87. The Pokémon World Championships drove the gains.

New Orleans posted the largest declines in occupancy and RevPAR. Occupancy fell 14.9 percent to 40.6 percent, while RevPAR dropped 18.4 percent to $47.50. The decline stemmed from a comparison with last year's Southern Decadence festival.

New York City posted the only double-digit decline in ADR, down 12.3 percent to $279.72.

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