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CoStar: U.S. hotel performance mixed in week ending Feb. 22

Los Angeles occupancy rose 10.4 percent to 74.8 percent, Las Vegas performance down

Chart of U.S. hotel RevPAR ($96.49) and ADR ($159.90) for Feb. 22

Occupancy rose to 60.3 percent for the week ending Feb. 22, up from 60 percent, according to CoStar. ADR fell to $159.90 from $164.79, and RevPAR dropped to $96.49 from $98.93.

Vishnu Rageev R.
By Vishnu Rageev R.Feb 28, 2025
Vishnu Rageev R.

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.

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U.S. Hotel Performance Overview for Feb. 22 Week

U.S. HOTEL PERFORMANCE showed mixed results for the week ending Feb. 22, according to CoStar. Occupancy increased from the previous week, while RevPAR and ADR saw slight declines, with year-over-year metrics also remaining subdued.

Occupancy rose to 60.3 percent for the week ending Feb. 22, up from 60 percent the previous week while remaining 2.7 percent lower than the same period last year. ADR declined to $159.90 from $164.79 but showed a 2.5 percent year-over-year increase. RevPAR fell to $96.49 from $98.93, reflecting a 0.3 percent decline from the previous year.

Among the top 25 markets, Los Angeles recorded the largest occupancy increase, up 10.4 percent to 74.8 percent, while RevPAR rose 16.7 percent to $147.34. New Orleans saw the only double-digit ADR gain, rising 10.9 percent to $197.41.

Las Vegas continued to see the sharpest performance declines, with occupancy dropping 14.3 percent to 69.6 percent, ADR falling 8.4 percent to $170.83, and RevPAR decreasing 21.4 percent to $118.86.

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