The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data.
For the week of Aug. 31-Sept. 6 (percentage change from comparable week in 2024):
- Occupancy: 57.7 percent (-0.5 percent)
- Average daily rate: $149.52 (-0.2 percent)
- Revenue per available room: $86.20 (-0.7 percent)
Top Markets
Among CoStar’s top 25 markets, Houston recorded the steepest declines in occupancy (-12.4 percent to 49.8 percent) and RevPAR (-18.7 percent to $53.29). The decreases are largely due to the elevated displacement demand period that followed Hurricane Beryl in 2024.
Houston (-7.1 percent to $106.91) and Detroit matched for the largest decrease in ADR (-7.1 percent to $119.90).
St. Louis saw the highest lift in occupancy (+15.7 percent to 62.1 percent), while San Francisco reported the largest jumps in ADR (+10.4 percent to $188.17) and RevPAR (+24.7 percent to $128.70).