The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through March 8.
March 2-8, 2025 (percentage change from comparable week in 2024):
· Occupancy: 62.4% (-1.4%)
· Average daily rate (ADR): $160.53 (+2.1%)
· Revenue per available room (RevPAR): $100.11 (+0.6%)
Among the top 25 markets, Chicago saw the highest occupancy lift (+9.5% to 60.7%). Anaheim reported the largest increases in ADR (+25.8% to $249.02) and RevPAR (+35.8% to $188.97), due to Natural Products Expo West.
Helped by Mardi Gras, New Orleans reported the second-highest gains in ADR (+20.5% to $224.46) and RevPAR (+17.2% to $162.86). Occupancy, however, declined 2.7% to 72.6%. The steepest RevPAR declines were seen in Minneapolis (-31.0% to $62.77) and San Diego (-23.7% to $127.21).
