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CoStar: U.S. hotel performance mixed for week ending March 8

Chicago led the top 25 markets with a 9.5 percent occupancy rise to 60.7 percent

U.S. hotel performance update—mixed results with ADR & RevPAR up, occupancy down, and top markets leading gains.

Occupancy fell to 62.4 percent for the week ending March 8, down from 62.8 percent the previous week, according to CoStar. ADR rose to $160.53 from $159.26 the prior week, and RevPAR edged up to $100.11 from $100.06.

Vishnu Rageev R.
By Vishnu Rageev R.Mar 13, 2025
Vishnu Rageev R.

Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.

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U.S. Hotel Performance Trends: Occupancy, ADR & RevPAR Insights

U.S. HOTEL PERFORMANCE showed mixed results for the week ending March 8, according to CoStar. Occupancy declined from the previous week, while ADR and RevPAR rose slightly, but year-over-year metrics remained subdued.

Occupancy fell to 62.4 percent for the week ending March 8, down from 62.8 percent the previous week and 1.4 percentage points lower year over year. ADR rose to $160.53 from $159.26 the prior week, remaining 2.1 percent higher than the same week last year. RevPAR edged up to $100.11 from $100.06, a 0.6 percent increase from the same period in 2023.

Among the top 25 markets, Chicago recorded the highest occupancy increase, rising 9.5 percent to 60.7 percent. Boosted by Natural Products Expo West, Anaheim saw the largest gains in ADR, up 25.8 percent to $249.02, and RevPAR, up 35.8 percent to $188.97.

Helped by Mardi Gras, New Orleans reported the second-highest gains in ADR, up 20.5 percent to $224.46, and RevPAR, up 17.2 percent to $162.86. However, occupancy declined 2.7 percent to 72.6 percent.

Minneapolis saw the steepest RevPAR decline, down 31 percent to $62.77, followed by San Diego, which fell 23.7 percent to $127.21.

adr increaseanaheim adr gainschicago occupancy increasecostarmardi grasminneapolis revpar declinemixed resultsoccupancy declinedrevpar increasesan diego revpar declinetop 25 marketsus hotel performanceyearoveryear metricsnatural products expou.s. hotel industrykey metrics overviewmarch

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