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CoStar: MLK holiday affects performance for week ending Jan. 25

Los Angeles saw the highest YOY occupancy growth among the top 25 markets

CoStar hotel insights
Occupancy declined to 54.3 percent for the week ending Jan. 25, down from 55.8 percent the previous week, according to CoStar. ADR dropped to $154.21 from $155.81, and RevPAR fell to $83.74 from $86.93.
Vishnu Rageev R.
By Vishnu Rageev R.Feb 03, 2025
Vishnu Rageev R.

Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.

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CoStar Report: MLK Holiday Impacts U.S. Hotel Performance in January 2025

U.S. HOTEL PERFORMANCE showed mixed results in the fourth week of January due to the Martin Luther King Jr. Day holiday shift, according to CoStar. Key metrics, including occupancy, ADR, and RevPAR, declined from the previous week, while ADR rose year-over-year.

Occupancy declined to 54.3 percent for the week ending Jan. 25, from 55.8 percent the previous week, reflecting a 3.4 percent year-over-year decrease. ADR dropped to $154.21 from $155.81, also down 3.4 percent compared to the same period last year. RevPAR fell to $83.74 from $86.93, marking a 0.2 percent year-over-year decline.

Among the top 25 markets, Los Angeles saw the highest year-over-year occupancy growth, up 6 percent to 68.7 percent.

Washington, D.C., saw the highest ADR and RevPAR gains, driven by the presidential inauguration, with ADR up 78 percent to $285.56 and RevPAR rising 86.8 percent to $169.23.

Chicago experienced the steepest RevPAR decline, down 34 percent to $52.88, followed by Seattle, which saw a drop of 11.9 percent to $80.19.

hotels in los angelesu.s. hotel industrymlk calendar shiftchicago marketkey metrics overviewrevpar trendsseattleadr analysistop 25 marketsu.s. hotel occupancyhotels in washingtoncostarpresidential inaugurationu.s. hotel performance

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