Summary:
- U.S. hotels hit lows across all metrics in early September, CoStar reported.
- Houston saw the steepest declines across all metrics.
- St. Louis led in occupancy gains, while San Francisco topped RevPAR and ADR growth.
U.S. HOTEL PERFORMANCE declined for the week ending Sept. 6, reaching weekly and yearly lows, according to CoStar. Houston continues to post the sharpest declines across all key metrics, while Detroit recorded the largest ADR drop.
Occupancy fell to 57.7 percent for the week ending Sept. 6, down from 63.4 percent the previous week and 0.5 percentage points lower than the same week last year. ADR decreased to $149.52 from $155.87, a 0.2 percent decline year over year. RevPAR dropped to $86.20 from $98.88, representing a 0.7 percent decrease compared to 2024.
Among the top 25 markets, Houston recorded the steepest declines in occupancy and RevPAR, with occupancy falling 12.4 percent to 49.8 percent and RevPAR dropping 18.7 percent to $53.29. These declines largely reflect the elevated displacement demand that followed Hurricane Beryl in 2024.
Houston and Detroit registered the largest ADR decreases, each down 7.1 percent, to $106.91 and $119.90, respectively.
St. Louis posted the largest occupancy gain, rising 15.7 percent to 62.1 percent, while San Francisco reported the strongest growth in ADR, climbing 10.4 percent to $188.17 and in RevPAR, increasing 24.7 percent to $128.70.
