CoStar: ADR, RevPAR up YOY in March

Due to the Easter holiday shift, the U.S. hotel industry reported mixed performance results year over year, according to March 2025 data from CoStar.

For the month (percentage change from March 2024):

  • Occupancy: 63.6 percent (-0.3 percent)
  • Average daily rate: $161.78 (+1.1 percent)
  • Revenue per available room: $102.89 (+0.8 percent)

Top Markets

Among CoStar’s top 25 markets, Miami reported the highest occupancy level (-0.4 percent to 83.2 percent).

Markets with the lowest occupancy for the month included Detroit (54 percent) and Minneapolis (55 percent).

The top 25 markets showed higher occupancy and ADR than all other markets.