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U.S. hotel performance improves in third week of May, YOY comparisons up

Houston saw a double-digit occupancy boost, up 10.5 percent to reach 67.9 percent

U.S. hotel performance improves in third week of May, YOY comparisons up

U.S. HOTEL PERFORMANCE improved in the third week of May compared to the previous week, with positive year-over-year comparisons, according to CoStar. Key metrics, including occupancy, RevPAR, and ADR, all saw week-over-week increases.

Occupancy increased to 67.4 percent for the week ending May 18, up from 66.1 percent the previous week, marking a 0.2 percent year-over-year rise. ADR rose to $163.11 from $162.14, reflecting a 2.6 percent jump compared to last year. RevPAR reached $109.93, up from $107.24 the prior week, showing a 2.8 percent increase compared to the same period in 2023.


Among the top 25 markets, Houston experienced the only double-digit occupancy increase, rising 10.5 percent to 67.9 percent. Atlanta reported the highest year-over-year increases in ADR, rising by 10 percent to $137.30, while RevPAR increased by 18 percent to $98.86.

The steepest RevPAR declines were seen in Orlando, down 8.6 percent to $119.59, St. Louis, which decreased by 6.7 percent to $91.46, and Tampa, down by 6.7 percent to $109.91.

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