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CoStar: U.S. hotel performance up for week ending March 1

St. Louis led in occupancy growth; Oahu had the steepest RevPAR drop

U.S. hotel lobby bustling during week ending March 1, 2025, with CoStar reporting gains

Occupancy rose to 62.8 percent for the week ending March 1, up from 60.3 percent the previous week, according to CoStar. ADR declined slightly to $159.26 from $159.90, while RevPAR increased to $100.06 from $96.49.

How Did U.S. Hotels Perform in Early March 2025?

U.S. HOTEL PERFORMANCE improved for the week ending March 1 compared to the previous week, according to CoStar. Occupancy and RevPAR increased week over week, while ADR saw a slight decline, but all three metrics showed year-over-year growth.

Occupancy increased to 62.8 percent for the week ending March 1, up from 60.3 percent the previous week and 0.4 percentage points higher year over year. ADR declined slightly to $159.26 from $159.90 the prior week but remained 2.7 percent higher than the same week last year. RevPAR increased to $100.06 from $96.49, reflecting a 3.1 percent gain compared to the same period in 2023.


Among the top 25 markets, St. Louis recorded the highest year-over-year occupancy gain, rising 12.1 percentage points to 59.4 percent.

Driven by Mardi Gras, New Orleans reported the largest increase in ADR, up 36.8 percent to $233.77, and the largest gain in RevPAR, which rose 30.6 percent to $148.54. Occupancy, however, declined 4.6 percentage points to 63.5 percent.

The steepest RevPAR declines were in Oahu, which fell 13.1 percent to $206.45, and Boston, which dropped 11 percent to $102.66.

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