The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through June 21.
June 15-21 (percentage change from comparable week in 2024):
- Occupancy: 70.5 percent (+1.3% percent)
- Average daily rate: $163.77 (+2.0 percent)
- Revenue per available room: $115.39 (+3.3 percent)
Among the Top 25 Markets, San Francisco saw the largest increases in occupancy (+17.2 percent to 72.2 percent) and RevPAR (+26.7 percent to $141.09).
Boston reported the highest ADR lift (+17.7 percent to $276.12), which drove the second-largest jump in RevPAR (+24.0 percent to $228.61).
Las Vegas recorded the steepest declines in occupancy (-12.6 percent to 69.5%) and RevPAR (-17.4 percent to $117.08).