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CoStar: U.S. hotel performance mixed in first week of April, positive YOY

WrestleMania 40 drove Philadelphia's key metric performance

CoStar: U.S. hotel performance mixed in first week of April, positive YOY

U.S. hotel performance showed mixed results in the first week of April compared to the previous week, yet displayed positive year-over-year comparisons, according to CoStar. Occupancy and RevPAR outperformed ADR in key metrics.

Occupancy rose to 64.1 percent for the week ending April 6, up from the previous week's 62.3 percent, marking a 4.7 percent year-over-year increase. ADR slightly decreased to $156.96 from $157.14, reflecting a 2.1 percent increase compared to last year. RevPAR increased to $100.59 from $97.83 the previous week, signaling a 6.9 percent rise compared to the same period in 2023.


Among the top 25 markets, Philadelphia reported the largest year-over-year occupancy increase, up 17.5 percent to 66.1 percent, with the second-highest jumps in ADR, rising 17.3 percent to $165.11. RevPAR also increased by 37.8 percent to $109.10, driven by WrestleMania 40.

Boosted by the NCAA Men’s Final Four, Phoenix experienced notable rises in ADR, up by 24.8 percent to $237.38, and RevPAR, which surged by 39.7 percent to $184.07.

The steepest RevPAR declines were seen in Orlando, dropping by 7.7 percent to $163.05, followed by Tampa, which decreased by 7.1 percent to $162.81.

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AHLA members meet with U.S. lawmakers to discuss key hospitality legislation impacting hotel owners and workers

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AHLA Members Unite on Capitol Hill to Advance Hospitality Legislation

MORE THAN 250 American Hotel & Lodging Association members met with lawmakers in the U.S. Senate and House to discuss legislative priorities critical to the hospitality industry. They raised concerns about tax and trade policies impacting hotel operating costs and travel demand amid ongoing budget reconciliation and tax negotiations.

Members also discussed expanding and upskilling the hospitality workforce through measures such as adjusting the H-2B visa cap and protecting the franchise model, which supports more than half of all U.S. hotels and 2.8 million jobs, the association said in a statement.

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CBRE: US Hotel RevPAR to Grow 1.3 Percent in 2025

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U.S. HOTEL REVPAR is expected to grow 1.3 percent in 2025, supported by urban markets from group and business travel and increased demand for drive-to and regional leisure destinations, according to CBRE. Occupancy is forecast to rise 14 basis points and ADR 1.2 percent year-over-year.

This represents slower growth than CBRE’s February forecast, which projected 2 percent RevPAR growth based on a 21-basis-point increase in occupancy and a 1.6 percent rise in ADR, the commercial real estate and investment firm said.

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Palette Hotels to Transform DoubleTree by Hilton in Washington, PA

Palette to manage Washington, PA, DoubleTree

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SUNRISE GOLD HOSPITALITY recently selected Palette Hotels to manage its 140-room DoubleTree by Hilton Washington Meadow Lands Casino Area in Washington, Pennsylvania. Palette will oversee renovations, including Hilton Connected Rooms technology upgrades, new signage, landscaping, building systems and updates to the lobby, guestrooms, bathrooms, meeting spaces, restaurant, bar and lounge.

Sunrise Gold Hospitality is led by owner Ramesh Pandya, and Palette Hotels by Founder and CEO Richard Lou.

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