Finance & DevelopmentFinanceCoStar: Calendar Shift Leads to Positive Yearly Comparisons for U.S. Hotel Industry

CoStar: Calendar Shift Leads to Positive Yearly Comparisons for U.S. Hotel Industry

WASHINGTON—On the positive side of the Martin Luther King Jr. Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Jan. 18, 2025.

U.S. Hotel Performance
January 12-18, 2025
Percentage change from comparable week in 2024
Occupancy: 55.8 percent (up 6.7 percent)
ADR: $155.81 (up 10 percent)
RevPAR: $86.93 (up 17.4 percent)

Among the Top 25 Markets, San Francisco reported the largest gains in each of the three key performance metrics: occupancy (up 35.9 percent to 71.2 percent), ADR (up 230 percent to $625.98), and RevPAR (up 348.3 percent to $445.85). The market’s performance was lifted by the J.P. Morgan Healthcare Conference.

Ahead of the presidential inauguration, Washington, D.C., saw the second-highest increases in ADR (up 52.8 percent to $221.62) and RevPAR (up 83.9 percent to $131.16).

The only RevPAR declines were reported in Dallas (down 4.7 percent to $78.50) and Oahu (down 1.7 percent to $217.99).

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