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COSTAR - LogoAs expected with the MLK Day holiday, the U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 25 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

19-25 January 2025 (percentage change from comparable week in 2024):

  • Occupancy: 54.3% (-3.4%)
  • Average daily rate (ADR): US$154.21 (+3.4%)
  • Revenue per available room (RevPAR): US$83.74 (-0.2%)

Among the Top 25 Markets, Los Angeles reported the largest occupancy gain (+6.0% to 68.7%).

Helped by the presidential inauguration, Washington, D.C., saw the highest increases in ADR (+78.0% to US$285.56) and RevPAR (+86.8% to US$169.23).

The steepest RevPAR declines were reported in Chicago (-34.0% to US$52.88) and Seattle (-11.9% to US$80.19).

For more information about the company and its products and services, please visit www.costargroup.com.