Summary:
- Occupancy rose to 57.2 percent for the week ending Dec. 6, CoStar reported.
- Seventeen of the top 25 markets saw occupancy decline.
- Tampa and Seattle posted the largest year-over-year declines across all key metrics.
U.S. HOTEL METRICS rose in the first week of December but remained below last year, according to CoStar. Approximately 17 of the top 25 markets saw occupancy decline.
Occupancy rose to 57.2 percent for the week ending Dec. 6, up from 49.8 percent the previous week but 3.2 points below last year. ADR increased to $160.11 from $141.31, down 0.5 percent year over year. RevPAR jumped to $91.57 from $70.42, 3.7 percent lower than the same week in 2024.
Among the top 25 markets, Tampa, Florida, saw the largest year-over-year declines in all key metrics: occupancy fell 20.5 percent to 66.1 percent, ADR dropped 10.2 percent to $155.68 and RevPAR fell 28.7 percent to $102.91. The results reflected elevated displacement demand following Hurricane Milton in 2024.
Seattle posted the second-largest declines: occupancy fell 16.4 percent to 55.5 percent, ADR dropped 9.8 percent to $143.21 and RevPAR declined 24.6 percent to $79.50.
