- Occupancy fell for the week of Sept. 12.
- New York City sees largest gains.
- Labor Day ended 21-week growth streak.
U.S. HOTELS PERFORMANCE was mixed weekly metrics but fell year over year for the week ended Sept. 12, according to CoStar. A Labor Day calendar shift ended the industry's 21-week growth streak.
Occupancy fell to 62.3 percent for the week ended Sept. 12 from 63 percent the previous week, down 4.6 percent year over year. ADR rose to $160.57 from $159.19 but fell 1.7 percent year over year. RevPAR fell to $100.08 from $100.31, down 6.2 percent year over year. Declines were concentrated from Monday through Wednesday because the comparable week in 2025 did not include Labor Day.
Among the top 25 markets, New York City posted the largest gains across the three metrics: occupancy rose 4.1 percent to 91.8 percent, ADR increased 7.1 percent to $435.43 and RevPAR increased 11.5 percent to $399.60.
Las Vegas posted the largest declines in ADR and RevPAR: ADR fell 20.2 percent to $149.68, and RevPAR fell 32.8 percent to $97.55.
Minneapolis posted the largest occupancy decline, down 17 percent to 57.8 percent.
