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CoStar: U.S. hotels show mixed results in early February

New Orleans led YOY gains among the top 25 markets

U.S. hotel performance report showing occupancy, ADR, and RevPAR trends for the week ending February 8, with Super Bowl market impact
Occupancy fell to 55.9 percent for the week ending Feb. 8, down from 56.5 percent the previous week, according to CoStar. ADR rose to $156.03 from $150.25, and RevPAR increased to $87.22 from $84.90.

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

U.S. HOTEL PERFORMANCE showed mixed results for the week ending Feb. 8, with year-over-year declines, according to CoStar. Occupancy fell from the previous week, while ADR and RevPAR saw slight increases.

Occupancy fell to 55.9 percent for the week ending February 8, down from 56.5 percent the previous week, a 0.5 percent year-over-year decline. ADR increased to $156.03 from $150.25 but was down 2.2 percent from the same period last year. RevPAR rose to $87.22 from $84.90, reflecting a 2.7 percent year-over-year decrease.


Among the top 25 markets, New Orleans saw the highest year-over-year increases in key performance metrics, driven by Super Bowl LIX. Occupancy rose 13.6 percent to 74.2 percent, ADR jumped 107.1 percent to $485.52, and RevPAR grew 135.2 percent to $360.46.

Las Vegas, which hosted Super Bowl LVIII during the same week in 2024, saw the steepest declines in performance. Occupancy fell 16.8 percent to 63.9 percent, ADR dropped 54.9 percent to $183.20, and RevPAR declined 62.5 percent to $117.10.

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U.S. Delegation Heads to New Delhi as Trade Tensions Rise
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U.S. delegations go to New Delhi amid trade uncertainty

Summary:

  • Two U.S. delegations are in New Delhi this week as a trade deal remains unresolved.
  • The meetings show both sides are maintaining communication.
  • The visits follow Russian President Vladimir Putin’s trip to India to boost economic ties.

TWO SEPARATE U.S. delegations are in New Delhi this week to meet Indian counterparts and address bilateral ties as a trade deal remains unresolved. At the same time, New Delhi is exploring trade options with other countries, including Russia.

Allison Hooker, Under Secretary of State for Political Affairs, will meet senior Indian officials from Dec. 7 to 11. A team led by Deputy U.S. Trade Rep. Rick Switzer arrives Tuesday.

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