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CoStar: U.S. hotel performance improves in second week of March

Minneapolis posted high YOY growth in all key metrics

CoStar: U.S. hotel performance improves in second week of March

U.S. HOTEL PERFORMANCE rose in the second week of March compared to the previous week but declined year over year, according to CoStar. Key metrics, including occupancy, ADR, and RevPAR, all saw increases compared to the prior week.

Occupancy climbed to 63.2 percent for the week ending March 9, up from the prior week's 62.5 percent, reflecting a 2.2 percent year-over-year decline. ADR rose to $156.96 from $155.29 the previous week, marking a 0.6 percent decrease compared to last year. RevPAR reached $99.17, up from the previous week's $97.12, signifying a 2.8 percent decrease compared to the same period in 2023.


Among the top 25 markets, Minneapolis saw significant year-over-year growth across all three key performance metrics: occupancy surged by 25.1 percent to 63.7 percent, ADR rose by 15.9 percent to $143.12, and RevPAR increased by 45.1 percent to $91.11.

The steepest RevPAR declines occurred in Las Vegas, dropping by 30.6 percent to $123.99, and Anaheim, down 26.2 percent to $139.21.

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Peachtree Group's Residence Inn by Marriott under construction in downtown San Antonio, topping out milestone reached, June 2025

Peachtree tops out San Antonio Residence Inn

Peachtree Hotel to Open in Summer 2026 with 117 Extended-Stay Rooms

PEACHTREE GROUP HELD a “topping out” for its Residence Inn by Marriott in downtown San Antonio, Texas, marking completion of the structural phase of the 10-story, 117-room hotel. The property, co-developed with Austin-based Merritt Development Group, is scheduled to open in summer 2026.

The extended-stay hotel will be owned by Peachtree and managed by its hospitality management division, the company said in a statement.

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Auro Hotels Launches $2M 'Rama Legacy' Scholarship

Auro launches $2M scholarship for employees’ children

What is the Rama Legacy Scholarship by Auro Hotels?

AURO HOTELS LAUNCHED its $2 million Rama Legacy Scholarship endowment for employees' children, continuing a tradition started by company co-founder H.P. Rama. Several students received scholarships in this inaugural year, reflecting the company’s view that its success depends on its people.

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Philadelphia Tops Bed Bugs Infestation List Again in 2025

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Which U.S. Cities Have the Worst Bed Bug Problems in 2025?

PHILADELPHIA LEADS THE list of the 50 most bed bug-infested U.S. cities for the second year in a row, followed by New York City and Cleveland-Akron, according to Terminix. The results show a rise in bed bug activity, with cities in Ohio, Texas, Florida, California and Pennsylvania making up much of the list, driven by travel, urban density and housing conditions.

Terminix's list of the 50 most bed bug-infested U.S. cities is based on 2024 service data from more than 300 branches nationwide.

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Colliers: US hotel assets improve in 2025, led by Northeast and Central regions

Report: Hospitality health up on travel, events

What are the key findings from Colliers’ 2025 Hospitality Outlook?

THE FINANCIAL HEALTH of hospitality assets, especially in the northeast and central regions, is improving, driven by leisure travel and the return of conferences and events, according to Colliers. U.S. hotels saw RevPAR rise 2.4 percent, ADR 1.9 percent and a slight uptick in occupancy from April 2024 to March 2025.

Colliers' 2025 Hospitality Outlook report found that some regions are still returning to pre-pandemic demand levels, while others are reaching prior cyclical peaks.

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Marriott Media Launches to Transform Hotel Advertising in the U.S.

Marriott launches media network

What Is Marriott Media and How It Works?

MARRIOTT INTERNATIONAL LAUNCHED “Marriott Media”, a media network that connects brands with customers during their travel journey. It draws on first-party data from the Marriott Bonvoy program, which has nearly 237 million members across 9,500 properties worldwide.

Chris Norton, Marriott's senior vice president of marketing, data activation and personalization, will lead the initiative and serve as general manager of Marriott Media, according to a company statement.

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