Skip to content

Search

Latest Stories

CoStar: L.A. wildfires disrupt hotels in week ending Jan. 11

Tampa led the top 25 markets with increases across all key metrics

CoStar: L.A. wildfires disrupt hotels in week ending Jan. 11
Occupancy rose to 49.2 percent for the week ending Jan. 11, up from 48.3 percent the previous week, according to CoStar. ADR fell to $144.03 from $168.90, and RevPAR dropped to $70.92 from $81.53 the prior week.

THE LOS ANGELES wildfires affected U.S. hotel performance in the second week of January, with a slight occupancy increase but declines in RevPAR and ADR, according to CoStar. The MLK Day shift, calendar changes for groups and conferences and winter storm Cora further weakened year-over-year growth across key metrics.

Occupancy rose to 49.2 percent for the week ending Jan. 11, up from 48.3 percent the previous week, but down 7.7 percent year-over-year. ADR fell to $144.03 from $168.90, a 5.9 percent year-over-year decline. RevPAR dropped to $70.92 from $81.53 the prior week, reflecting a 13.2 percent decrease compared to the same period in 2024.


Tampa led the top 25 markets in year-over-year growth, with occupancy rising 18.2 percent to 79.1 percent, ADR increasing 7.6 percent to $178.42, and RevPAR growing 27.2 percent to $141.20.

Meanwhile, Los Angeles saw the second-highest increases in occupancy, rising 5.7 percent to 65 percent, and RevPAR, growing 8.6 percent to $122.63, driven by displacement demand from the fires.

San Francisco saw the steepest RevPAR decline, falling 78.1 percent to $85.89, due to the J.P. Morgan Healthcare Conference calendar shift.

More for you

AHLA members meet with U.S. lawmakers to discuss key hospitality legislation impacting hotel owners and workers

AHLA shares priorities with lawmakers

AHLA Members Unite on Capitol Hill to Advance Hospitality Legislation

MORE THAN 250 American Hotel & Lodging Association members met with lawmakers in the U.S. Senate and House to discuss legislative priorities critical to the hospitality industry. They raised concerns about tax and trade policies impacting hotel operating costs and travel demand amid ongoing budget reconciliation and tax negotiations.

Members also discussed expanding and upskilling the hospitality workforce through measures such as adjusting the H-2B visa cap and protecting the franchise model, which supports more than half of all U.S. hotels and 2.8 million jobs, the association said in a statement.

Keep ReadingShow less
CBRE: US Hotel RevPAR to Grow 1.3 Percent in 2025

CBRE: RevPAR to grow 1.3 percent in 2025

U.S. HOTEL REVPAR is expected to grow 1.3 percent in 2025, supported by urban markets from group and business travel and increased demand for drive-to and regional leisure destinations, according to CBRE. Occupancy is forecast to rise 14 basis points and ADR 1.2 percent year-over-year.

This represents slower growth than CBRE’s February forecast, which projected 2 percent RevPAR growth based on a 21-basis-point increase in occupancy and a 1.6 percent rise in ADR, the commercial real estate and investment firm said.

Keep ReadingShow less
Palette Hotels to Transform DoubleTree by Hilton in Washington, PA

Palette to manage Washington, PA, DoubleTree

Palette’s Expertise in Hospitality Management

SUNRISE GOLD HOSPITALITY recently selected Palette Hotels to manage its 140-room DoubleTree by Hilton Washington Meadow Lands Casino Area in Washington, Pennsylvania. Palette will oversee renovations, including Hilton Connected Rooms technology upgrades, new signage, landscaping, building systems and updates to the lobby, guestrooms, bathrooms, meeting spaces, restaurant, bar and lounge.

Sunrise Gold Hospitality is led by owner Ramesh Pandya, and Palette Hotels by Founder and CEO Richard Lou.

Keep ReadingShow less