The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year-over-year (YOY), according to CoStar’s latest data through May 25.
May 19-25 (percentage change from comparable week in 2023):
- Occupancy: 67.7% (+1.6%)
- ADR: $160.67 (+2.3%)
- RevPAR: $108.73 (+3.9%)
Among the top 25 markets, Houston saw the highest YOY increases in occupancy (+20.9% to 74.1%) and RevPAR (+29.2% to $89.15).
Las Vegas reported the only double-digit lift in ADR (+10.9% to $217.53).
The steepest RevPAR declines were seen in Detroit (-13.0% to $80.20) and San Francisco (-8.3% to $136.79).