Summary:
- Occupancy rose to 58.6 percent for the week ending Dec. 13, CoStar reported.
- New Orleans saw the largest declines in both ADR and RevPAR.
- Tampa had the largest occupancy drop, falling 14.3 percent to 72.6 percent.
U.S. HOTEL PERFORMANCE was mixed in the second week of December, with occupancy rising weekly and ADR increasing year-over-year, according to CoStar. New Orleans experienced the largest declines in both ADR and RevPAR.
Occupancy rose to 58.6 percent for the week ending Dec. 13, up from 57.2 percent the previous week but 1.6 points below last year. ADR fell to $156.46 from $160.11, though it was up 0.4 percent year-over-year. RevPAR edged slightly down to $91.76 from $91.57, 1.1 percent below the same week in 2024.
Among the top 25 markets, New Orleans saw the largest declines, with ADR down 18.3 percent to $146.70 and RevPAR down 29.9 percent to $83.92. The drop reflects a comparison with the 2024 Society of Health-System Pharmacists Midyear Clinical Meeting & Exhibition.
Tampa recorded the largest occupancy decline, falling 14.3 percent to 72.6 percent.
Washington, D.C., saw the second-largest declines, with ADR down 12.9 percent to $172.40 and RevPAR down 24.2 percent to $115.92.
