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CoStar: Mixed metrics continue in May

Miami posted the largest ADR and RevPAR gains

CoStar: Mixed metrics continue in May

Occupancy fell to 64.8 percent for the week ending May 9 from 66.5 percent the previous week, according to CoStar Group. ADR declined to $165.75 week over week, while RevPAR dropped to $107.44.

Photo credit: CoStar
  • Occupancy fell to 64.8 percent for the week ending May 9.
  • Miami posted the largest ADR and RevPAR gains.
  • Tampa recorded the steepest ADR and RevPAR declines.

U.S. HOTEL METRICS fell week over week and rose year over year for the first full week of May, according to CoStar Group. Chicago recorded the largest occupancy increase among the top 25 markets, up 7.3 percent to 75.2 percent.

Occupancy fell to 64.8 percent for the week ending May 9 from 66.5 percent the previous week but rose 0.3 percentage points year over year. ADR declined to $165.75 from $167.83 week over week but increased 1.7 percent annually. RevPAR dropped to $107.44 from $111.59 but rose 2 percent from the same week in 2025.


Driven by the Miami Grand Prix and the Consensus conference, Miami posted the largest ADR and RevPAR gains, with ADR up 17.8 percent to $267.40 and RevPAR up 22.7 percent to $202.29.

Tampa posted the steepest ADR and RevPAR declines, with ADR down 14.1 percent to $177.98 and RevPAR down 19.4 percent to $126.54. Boston recorded the only double-digit occupancy decline, down 10.4 percent to 74.3 percent.

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