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CoStar: U.S. hotels post early August dip

San Francisco led the top 25 markets in YOY gains across all key metrics

 CoStar: U.S. Hotels See Early August Performance Dip

Occupancy declined to 69.5 percent for the week ending Aug. 2, down from 71.5 percent the previous week, according to CoStar. ADR fell to $161 and RevPAR dropped to $111.90.

Summary:

  • U.S. hotel weekly metrics fell for the week ending Aug. 2, per CoStar.
  • Occupancy dropped to 69.5 percent from 71.5 percent the prior week.
  • San Francisco led gains; Houston had the largest occupancy and RevPAR declines.

U.S. HOTEL PERFORMANCE was mixed for the week ending Aug. 2, with all weekly metrics down and ADR and RevPAR up year over year, according to CoStar. San Francisco led the top 25 markets in year-over-year occupancy, ADR and RevPAR growth.


Occupancy declined to 69.5 percent for the week ending Aug. 2, down from 71.5 percent the previous week and 0.1 percentage points lower year over year. ADR fell to $161 from $164.88 but was up 0.5 percent from the same week in 2024. RevPAR dropped to $111.90 from $117.88 but was up 0.4 percent year over year.

Among the top 25 markets, San Francisco recorded the highest year-over-year gains in all key performance metrics: occupancy rose 15.5 percent to 81.7 percent, ADR increased 15.4 percent to $218.91 and RevPAR climbed 33.2 percent to $178.74. The market’s performance was boosted by the start of the World Transplant Congress.

Houston reported the largest declines in occupancy and RevPAR, with occupancy down 19.3 percent to 61.2 percent and RevPAR down 25.3 percent to $69.99. The decreases were due to the elevated displacement demand period following Hurricane Beryl in 2024.

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Summary:

  • U.S. hotel occupancy rose to 69.1 percent, up from 63.7 percent weekly, CoStar reported.
  • San Francisco led in year-over-year occupancy and RevPAR gains.
  • New York City posted the largest ADR increase.

U.S. HOTEL METRICS rose for the week ending Oct. 11, though occupancy remained below last year’s level, according to CoStar. The week’s latter half was boosted by the Yom Kippur calendar shift.

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