Summary:
- U.S. hotel metrics rose in mid-July but stayed below 2024 levels.
- San Francisco led top 25 markets with a 7.8 percent occupancy gain to 77.2 percent.
- Houston saw the sharpest declines across all key metrics.
U.S. HOTEL METRICS continued their upward trend for the week ending July 19 but remained below year-ago levels, according to CoStar. San Francisco posted the largest occupancy gain among the top 25 markets.
Occupancy rose to 71.6 percent for the week ending July 19, up from 67.2 percent the previous week but 2.6 percentage points lower year over year. ADR increased to $165.49 from $158.42, though down 0.7 percent from the same week in 2024. RevPAR rose to $118.54 from $106.39, a 3.3 percent year-over-year decline.
Among the top 25 markets, San Francisco posted the largest occupancy gain, up 7.8 percent to 77.2 percent.
Houston recorded the steepest declines across all three key performance metrics: Occupancy fell 27.6 percent to 59.6 percent, ADR dropped 14.7 percent to $115.94 and RevPAR declined 38.3 percent to $69.07, largely due to elevated displacement demand following Hurricane Beryl in 2024.
Las Vegas registered the second-largest drops in occupancy and RevPAR: Occupancy fell 11.9 percent to 74.3 percent and RevPAR declined 17.1 percent to $142.62.
