The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through 28 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
22-28 December 2024 (percentage change from comparable week in 2023):
- Occupancy: 47.7% (-4.9%)
- Average daily rate (ADR): US$160.96 (-1.7%)
- Revenue per available room (RevPAR): US$76.83 (-6.5%)
Among the Top 25 Markets, Tampa reported the only double-digit increases in occupancy (+16.3% to 74.0%) and RevPAR (+22.6% to US$124.36).
Houston posted the highest ADR lift (+5.6% to US$97.82).
The steepest RevPAR declines were reported in Nashville (-35.6% to US$51.68) and Atlanta (-21.7% to US$40.05).
For more information about the company and its products and services, please visit www.costargroup.com.
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