U.S. Hotel Industry Shows Weekly Gains
U.S. HOTEL PERFORMANCE improved for the week ending May 17, though occupancy remained down year over year, according to CoStar. Detroit led the top 25 markets in year-over-year growth across all three key performance metrics.
Occupancy rose to 67.2 percent for the week ending May 17, up from 64.6 percent the previous week but down 0.4 percentage points year over year. ADR increased to $166.31 from $162.57, reflecting a 1.3 percent year-over-year gain. RevPAR climbed to $111.80 from $105.08, up 0.9 percent from the same period in 2024.
Among the top 25 markets, Detroit recorded the highest year-over-year increases in all key performance metrics: occupancy rose by 11.4 percent to 70.4 percent, ADR increased by 13.2 percent to $142.83 and RevPAR grew by 26.1 percent to $100.54.
The steepest decline in occupancy was seen in Houston, down 11.3 percent to 60 percent, while Atlanta posted the largest losses in ADR, declining 6.8 percent to $128.06, and in RevPAR, down 13.5 percent to $85.59.
