Finance & DevelopmentCoStar: U.S. Hotel Performance Increases Overall

CoStar: U.S. Hotel Performance Increases Overall

WASHINGTON—U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through Nov. 11, 2023.

U.S. Hotel Performance

November 5-11, 2023

Percentage change from comparable week in 2022
Occupancy: 64.8 percent (up 0.8 percent)
ADR: $156.01 (up 4.0 percent)
RevPAR: $101.13 (up 4.9 percent)

Among the Top 25 Markets, Denver saw the largest year-over-year occupancy lift (up 9.0 percent to 69.3 percent).

Dallas reported the largest increases in ADR (up 12.6 percent to $136.34) and RevPAR (up 22.3 percent to $101.84).

The steepest RevPAR declines were seen in New Orleans (down 13.4 percent to $117.26) and San Diego (down 8.6 percent to $138.29).



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