Summary:
- U.S. hotel performance rose week over week but remains below last year, CoStar reported.
- Seventeen of the top 25 markets saw occupancy decline.
- Houston recorded the largest drop in occupancy.
U.S. HOTEL METRICS rose for the week ending Sept. 20 but remained below last year’s levels, according to CoStar. Overall, 17 of the top 25 markets posted an occupancy decline.
Occupancy increased to 68.1 percent for the week ending Sept. 20, up from 65.4 percent the previous week but 1.1 percentage points lower than the same week last year. ADR rose to $168.98 from $162.71, a 0.3 percent decline year over year. RevPAR grew to $115.12 from $106.43, down 1.4 percent from 2024.
Among the top 25 markets, Houston posted the largest drop in occupancy, falling 12.3 percent to 60.5 percent and the second-steepest decline in RevPAR, which decreased 20.1 percent to $73.89.
New Orleans reported the steepest declines in ADR, falling 11.6 percent to $139.37 and in RevPAR, dropping 22.4 percent to $75.27.
