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U.S. hotels’ weekly performance mixed, YOY up in fourth week of September

NYC posted the highest YOY increases in key metrics, driven by the UNGA

U.S. hotels’ weekly performance mixed, YOY up in fourth week of September

U.S. HOTEL PERFORMANCE remained mixed in the fourth week of September compared to the prior week, according to CoStar. However, the industry reported positive year-over-year comparisons. Key metrics showed a slight decline in occupancy, while RevPAR and ADR experienced week-over-week growth.

Occupancy dipped slightly to 68.4 percent for the week ending Sept. 28, down from 68.9 percent the previous week, but up 2.6 percent year-over-year. ADR rose to $170.24, an increase from $168.80 the prior week, and 7.5 percent higher than the same week last year. RevPAR edged up to $116.50 from $116.22, reflecting a 10.2 percent increase compared to the same period in 2023.


Among the top 25 markets, New York City recorded the highest year-over-year increases in all key performance metrics: occupancy rose by 11.4 percent to 93.2 percent, ADR increased by 52.8 percent to $523.69, and RevPAR grew by 70.1 percent to $488.32. The market's performance was bolstered by the United Nations General Assembly.

The steepest RevPAR declines were observed in New Orleans, down 17.6 percent to $177.81, and Nashville, which saw a 5.5 percent drop to $136.06.

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Trump policies took center stage in 2025
Photo by Win McNamee/Getty Images

Trump policies took center stage in 2025

Summary:

  • Policy shifts and trade tensions shaped the U.S. hospitality industry.
  • A congressional deadlock triggered a federal shutdown from Oct. 1 to Nov. 12.
  • Visa limitations and the immigration crackdown dampened international travel.

THE U.S. HOSPITALITY industry navigated a year of policy shifts, leadership changes, trade tensions and reflection. From Washington’s decisions affecting travel and tourism to industry gatherings and the loss of influential figures, these stories dominated conversation and shaped the sector.

Policy uncertainty took center stage as Washington ground to a halt. A congressional deadlock over healthcare subsidies and spending priorities triggered a federal government shutdown that began on Oct. 1 and lasted until Nov. 12. The U.S. Travel Association warned the shutdown could cost the travel economy up to $1 billion per week, citing disruptions at federal agencies and the Transportation Security Administration. Industry leaders said prolonged gridlock would further strain hotels already facing rising costs and workforce challenges.

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