On the positive side of the Martin Luther King Day calendar shift, the U.S. hotel industry reported positive year-over-year (YOY) comparisons for the week ending Jan. 18, according to data from CoStar.
Jan. 12-18 (percentage change from comparable week in 2024):
Occupancy: 55.8% (+6.7%)
ADR: $155.81 (+10.0%)
RevPAR: $86.93 (+17.4%)
Among the top 25 markets, San Francisco reported the largest gains in each of the three key performance metrics: occupancy (+35.9% to 71.2%), ADR (+230% to $625.98) and RevPAR (+348.3% to $445.85). The market’s performance was lifted by the J.P. Morgan Healthcare Conference.
Ahead of the presidential inauguration, Washington, DC, saw the second-highest increases in ADR (+52.8% to $221.62) and RevPAR (+83.9% to $131.16).
The only RevPAR declines were reported in Dallas (-4.7% to $78.50) and Oahu (-1.7% to $217.99).
