Finance & DevelopmentCoStar: U.S. Hotel Industry Reports Mixed Yearly Comparisons

CoStar: U.S. Hotel Industry Reports Mixed Yearly Comparisons

ARLINGTON, Virginia—The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through Feb. 22, 2025.

U.S. Hotel Performance
February 16-22, 2025
Percentage change from comparable week in 2024
Occupancy: 60.3 percent (down 2.7 percent)
ADR: $159.90 (up 2.5 percent)
RevPAR: $96.49 (down 0.3 percent)

Among the Top 25 Markets, Los Angeles saw the largest occupancy increase (up 10.4 percent to 74.8 percent) and RevPAR (up 16.7 percent to $147.34).

New Orleans reported the only double-digit lift in ADR (up 10.9 percent to $197.41).

Las Vegas saw the steepest performance declines: occupancy (down 14.3 percent to 69.6 percent), ADR (down 8.4 percent to $170.83), and RevPAR (down 21.4 percent to $118.86).

RELATED ARTICLES

Keeping a Constructive Tax Policy: AHLA Fights to Preserve Tax Provisions That Protect Small-Business Owners

The Tax Cuts and Jobs Act (TCJA), enacted in 2017, made changes to the tax code that have delivered significant benefits to the hotel...

TownePlace Suites by Marriott Hotel Opens in Duluth

CORALVILLE, Iowa—Kinseth Hospitality Companies (KHC), in partnership with the Duluth Chamber of Commerce and the Hermantown Chamber of Commerce, announced the opening of the...

Green Key Global Expands its Sustainability Portfolio With Launch Of Green Key Ready

WASHINGTON—One year after the American Hotel & Lodging Association (AHLA) and the Hotel Association of Canada (HAC) united to co-own and operate Green Key...

Accor Drives Growth and Performance in New Signings for 2025

PARIS, France—Accor shared an overview of its 2024 development activity and growth prospects for 2025. In 2024, Accor expanded its portfolio with the opening...

Hotel Seville Nomad Transitions to Hyatt’s Unbound Collection

CHICAGO, Illinois—Allen Gross, chairman of GFI Hospitality, announc­­­ed the transition of the former James NoMad Hotel to Hotel Seville NoMad, joining the Unbound Collection...

My Place Hotel-Savannah Airport/Pooler Opens

ABERDEEN, South Dakota—My Place Hotels of America has announced the opening of My Place Hotel-Savannah Airport/Pooler, Georgia, in Pooler, Georgia. The hotel is owned...