CoStar: U.S. hotel metrics dip for week ending May 10
Philadelphia led in YOY occupancy, up 10.9 percent to 73 percent
Occupancy fell to 64.6 percent for the week ending May 10, down from 65.8 percent the prior week, according to CoStar. ADR decreased to $162.57 from $164.33, and RevPAR dipped to $105.08 from $108.06, down 3 percent year over year.
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.
U.S. HOTEL METRICS declined for the week ending May 10, hitting weekly and yearly lows, according to CoStar. Philadelphia led the top 25 markets in year-over-year occupancy and RevPAR growth.
Occupancy fell to 64.6 percent for the week ending May 10, down from 65.8 percent the prior week and 2.3 percent below the comparable week in 2024. ADR decreased to $162.57 from $164.33, a 0.7 percent year-over-year drop. RevPAR dipped to $105.08 from $108.06, down 3 percent year over year.
Among the top 25 markets, Philadelphia posted the highest year-over-year occupancy increase, up 10.9 percent to 73 percent, while RevPAR rose 18.5 percent to $119.68. Meanwhile, Boston saw the largest ADR gain, up 10.2 percent to $275.21.
San Francisco/San Mateo recorded the steepest ADR drop, down 29.5 percent to $221.05, while RevPAR fell 33.9 percent to $164.07 due to the RSA Conference calendar shift. New Orleans posted the largest occupancy decline, down 10.8 percent to 60.6 percent.
U.S. hotel metrics fell to weekly and annual lows for the week ending July 26, according to CoStar.
St. Louis led top 25 markets in year-over-year occupancy growth.
Houston posted the sharpest drops across all performance metrics.
U.S. HOTEL METRICS declined for the week ending July 26, hitting weekly and annual lows, according to CoStar. St. Louis led the top 25 markets in year-over-year occupancy growth.
Occupancy declined to 71.5 percent for the week ending July 26, down from 71.6 percent the previous week and 0.7 percentage points lower year over year. ADR fell to $164.88 from $165.49, a 0.1 percent decline from the same week in 2024. RevPAR dropped to $117.88 from $118.54, down 0.8 percent year over year.
Among the top 25 markets, St. Louis posted the largest occupancy gain, rising 5.7 percent to 70.9 percent.
Houston continued to record the steepest declines across all three primary performance metrics, with occupancy falling 19.7 percent to 61.1 percent and ADR dropping 7.7 percent to $117.02. RevPAR declined 25.9 percent to $71.54, largely due to elevated displacement demand following Hurricane Beryl in 2024.
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U.S. hotel metrics rose in mid-July but stayed below 2024 levels.
San Francisco led top 25 markets with a 7.8 percent occupancy gain to 77.2 percent.
Houston saw the sharpest declines across all key metrics.
U.S. HOTEL METRICS continued their upward trend for the week ending July 19 but remained below year-ago levels, according to CoStar. San Francisco posted the largest occupancy gain among the top 25 markets.
Occupancy rose to 71.6 percent for the week ending July 19, up from 67.2 percent the previous week but 2.6 percentage points lower year over year. ADR increased to $165.49 from $158.42, though down 0.7 percent from the same week in 2024. RevPAR rose to $118.54 from $106.39, a 3.3 percent year-over-year decline.
Among the top 25 markets, San Francisco posted the largest occupancy gain, up 7.8 percent to 77.2 percent.
Houston recorded the steepest declines across all three key performance metrics: Occupancy fell 27.6 percent to 59.6 percent, ADR dropped 14.7 percent to $115.94 and RevPAR declined 38.3 percent to $69.07, largely due to elevated displacement demand following Hurricane Beryl in 2024.
Las Vegas registered the second-largest drops in occupancy and RevPAR: Occupancy fell 11.9 percent to 74.3 percent and RevPAR declined 17.1 percent to $142.62.
U.S. hotel performance rose week over week but remained below year-ago levels, CoStar reported.
St. Louis led year-over-year gains among top 25 markets: occupancy up 21 percent to 81.3 percent, ADR up 8.1 percent to $145.21, RevPAR up 30.8 percent to $118.10.
Houston posted the largest declines: occupancy down 20 percent to 57.7 percent, ADR down 17.6 percent to $114.55, RevPAR down 34.2 percent to $66.05.
U.S. HOTEL METRICS rose for the week ending July 12 but remained below year-ago levels, according to CoStar. St. Louis posted the largest gains among the top 25 markets across all three key performance metrics.
Occupancy rose to 67.2 percent for the week ending July 12, up from 61.1 percent the previous week but 3.2 percentage points lower year over year. ADR increased to $158.42 from $156.71, a 0.5 percent decline from the same week in 2024. RevPAR rose to $106.39 from $95.80, down 3.7 percent year over year.
Among the top 25 markets, St. Louis posted the largest year-over-year gains across all metrics. Occupancy rose 21 percent to 81.3 percent, ADR increased 8.1 percent to $145.21 and RevPAR rose 30.8 percent to $118.10, driven by the 62nd General Conference Session of the Seventh-day Adventist Church.
Houston posted the largest declines across the three metrics: occupancy fell 20 percent to 57.7 percent, ADR dropped 17.6 percent to $114.55 and RevPAR declined 34.2 percent to $66.05, reflecting comparison with post-Hurricane Beryl impacts in 2024.
Occupancy, ADR and RevPAR fell week over week and year over year for the week ending July 5, according to CoStar.
St. Louis led in occupancy and RevPAR gains, while San Diego had the only double-digit ADR increase.
Las Vegas saw the steepest drops in occupancy, ADR and RevPAR.
U.S. HOTEL METRICS declined for the week ending July 5, hitting weekly and annual lows, according to CoStar. St. Louis led the top 25 markets in year-over-year occupancy and RevPAR growth.
Occupancy fell to 61.1 percent for the week ending July 5, down from 71.9 percent the previous week and 0.4 percentage points lower year over year. ADR declined to $156.71 from $163.30, a 0.9 percent drop from the same week in 2024. RevPAR decreased to $95.80 from $117.45, down 1.3 percent year over year.
Among the top 25 markets, St. Louis posted the largest occupancy gain, up 27.1 percent to 64 percent and a RevPAR increase of 38.4 percent to $81.19. San Diego posted the only double-digit ADR increase, up 10.9 percent to $271.96.
Las Vegas reported the largest declines in occupancy, ADR and RevPAR. Its occupancy fell 16.8 percent to 66.7 percent, ADR dropped 14.3 percent to $154.16 and RevPAR declined 28.7 percent to $102.75.
Occupancy and RevPAR rose, while ADR dipped slightly during the week ending June 28, according to CoStar.
Philadelphia led the top 25 markets with the highest year-over-year gains across all key metrics.
Las Vegas saw the steepest declines in ADR and RevPAR.
U.S. HOTEL PERFORMANCE was mixed for the week ending June 28, according to CoStar. Occupancy and RevPAR rose from the previous week, while ADR dipped slightly and year-over-year metrics remained lower.
Occupancy rose to 71.9 percent for the week ending June 28, up from 70.5 percent the previous week, but 0.1 percent below the same week last year. ADR edged down to $163.30 from $163.77, flat year over year. RevPAR increased to $117.45 from $115.39, reflecting a 0.1 percent decline from last year.
Among the top 25 markets, Philadelphia posted the highest year-over-year gains in all key performance metrics: occupancy rose 10.7 percent to 80 percent, ADR increased 14.5 percent to $173.43 and RevPAR climbed 26.7 percent to $138.66.
Las Vegas reported the largest declines in ADR and RevPAR, with ADR down 10.5 percent to $172.28 and RevPAR falling 2.5 percent to $122.22.