Summary:
- U.S. hotel occupancy rose to 69.1 percent, up from 63.7 percent weekly, CoStar reported.
- San Francisco led in year-over-year occupancy and RevPAR gains.
- New York City posted the largest ADR increase.
U.S. HOTEL METRICS rose for the week ending Oct. 11, though occupancy remained below last year’s level, according to CoStar. The week’s latter half was boosted by the Yom Kippur calendar shift.
Occupancy rose to 69.1 percent for the week ending Oct. 11, up from 63.7 percent the previous week but 1.9 percent below the same week last year. ADR increased to $171.88 from $160.62, 2.6 percent above last year. RevPAR reached $118.75, up from $102.37, a 0.6 percent gain from the same week in 2024.
Among the top 25 markets, San Francisco saw the largest year-over-year occupancy increase, up 11.8 percent to 80.2 percent, with RevPAR rising 24.7 percent to $183.88. The market benefited from Fleet Week.
New York City recorded the biggest ADR gain, up 11.9 percent to $441.34, the only market above $400. The steepest RevPAR declines were in Las Vegas, falling 21.3 percent to $178.82 and in New Orleans, 18.7 percent to $120.47.
