Summary:
- CoStar: Hotel metrics up for the week ending Sept. 13, occupancy and RevPAR still low YoY.
- Anaheim saw the steepest drops among the top 25 markets, Washington, D.C., second.
- Sixteen of the top 25 markets recorded lower occupancy.
U.S. HOTEL METRICS improved for the week ending Sept. 13, but occupancy and RevPAR remained below last year, according to CoStar. About 16 of the top 25 markets saw occupancy declines.
Occupancy rose to 65.4 percent for the week ending Sept. 13, up from 57.7 percent the previous week but 1.8 points lower than the same week last year. ADR increased to $162.71 from $149.52, up 0.1 percent year over year. RevPAR rose to $106.43 from $86.20, down 1.7 percent from 2024.
Among the top 25 markets, Anaheim saw the steepest drops in all three key metrics: occupancy fell 15.4 percent to 70.6 percent, ADR declined 10.5 percent to $212.16 and RevPAR dropped 24.2 percent to $149.80. The declines reflected a year-over-year comparison with RE+ 24 dates.
Washington, D.C. recorded the second-largest declines: occupancy fell 11.7 percent to 67.8 percent, ADR declined 7.4 percent to $198.85 and RevPAR dropped 18.3 percent to $134.77.
