The U.S. hotel industry reported mostly negative year-over-year comparisons for the week ending Aug. 16, according to data from CoStar.
August 10-16 (percentage change from comparable week in 2024):
Occupancy: 66.3% (-0.9%)
ADR: $157.51 (+0.4%)
RevPAR: $104.50 (-0.5%)
Among the top 25 markets, Seattle saw the highest increases in occupancy (+7.5% to 83.9%) and RevPAR (+10.9% to $178.62).
Houston recorded the steepest drop in occupancy (-24.0% to 57.2%) and RevPAR (-27.1% to $66.84). The decreases are largely due to the elevated displacement demand period that followed Hurricane Beryl in 2024.
New Orleans reported the second-largest declines in occupancy (-13.7% to 45.0%) and RevPAR (-17.2% to $53.82).
