WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through April 20, 2024.
U.S. Hotel Performance
April 14-20, 2024
Percentage change from comparable week in 2023:
Occupancy: 66.8 percent (down 0.3 percent)
ADR: $158.60 (up 1.5 percent)
RevPAR: $105.94 (up 1.2 percent)
Among the Top 25 Markets, Philadelphia reported the largest year-over-year increases in occupancy (up 14.3 percent to 72.1 percent) and RevPAR (up 23.2 percent to $114.11).
Washington, D.C., posted the only double-digit lift in ADR (up 10.0 percent to $226.25).
The steepest RevPAR declines were seen in Chicago (down 16.2 percent to $105.97) and San Francisco (down 9.7 percent to $123.76).
