Summary:
- Occupancy rose to 64.2 percent for the week ending Nov. 8, CoStar reported.
- San Francisco posted the largest occupancy and RevPAR gains.
- Washington, D.C. posted the largest ADR increase.
U.S. HOTEL METRICS rose for the week ending Nov. 8, both week over week and year over year, according to CoStar. San Francisco led the top 25 markets in occupancy and RevPAR growth compared with the same week last year.
Occupancy rose to 64.2 percent for the week ending Nov. 8, up from 59.3 percent the previous week and 2.5 points higher than a year ago. ADR increased to $162.70 from $156.09, reflecting 3.6 percent year-over-year growth. RevPAR climbed to $104.42 from $92.54, a 6.2 percent rise from the same week in 2024.
Among the top 25 markets, San Francisco reported the highest year-over-year occupancy increase, up 23.1 percent to 71.6 percent, along with a 43 percent rise in RevPAR to $157.43. Washington, D.C. also saw the largest RevPAR increase, up 43 percent to $138.52 and an ADR jump of 21.9 percent to $195.73.
Tampa saw the largest drops in occupancy and RevPAR, with occupancy down 20.6 percent to 67.2 percent and RevPAR down 24.1 percent to $109.67, following the displacement demand period after Hurricane Milton in 2024.
