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CoStar: U.S. hotels see YOY gains in late August

Tampa led the top 25 markets with a 15.2 percent YOY occupancy rise

CoStar: U.S. hotels see YOY gains in late August

U.S. HOTEL PERFORMANCE saw year-over-year gains in late August, though occupancy, RevPAR and ADR declined from the previous week, according to CoStar. Tampa led the top 25 markets with a 15.2 percent year-over-year occupancy increase to 61.7 percent.

Occupancy dropped to 63.9 percent for the week ending Aug. 31, down from 66.1 percent the previous week but up 1.9 percent year-over-year. ADR was $153.67, slightly below the prior week’s $154.80 but 1.6 percent higher than the same week last year. RevPAR fell to $98.18 from $102.30 but was still 3.6 percent higher than the same period in 2023.


Seattle saw the largest ADR increase, up 12.5 percent to $218.08. San Francisco experienced the steepest RevPAR drop, down 22.2 percent to $122.95, followed by Oahu Island's 10.3 percent decline to $194.51.

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Hunter Hotel Advisors Rebrands With Simpler Identity, Logo

Hunter rebrands toward simplicity

Summary:

  • Hunter is rebranding with a simplified name and updated visual identity.
  • The Atlanta-based firm was founded in 1978 by Bob Hunter.
  • The company surpassed $1 billion in hotel sales with 76 transactions as of mid-November.

HUNTER ADVISORS UNVEILED a rebrand to reflect its growth and long-term plans in hotel-investment advisory. The update shortens the name, revises the visual identity and unifies the brand across the firm and the annual Hunter Hotel Investment Conference.

The evolution, in development since 2024, includes the launch of hunteradvisors.co and hunterconference.co, unifying the firm’s advisory and conference platforms. Founded in 1978, the company has advised hotel owners and investors for nearly five decades.

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