The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 8 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
2-8 February 2025 (percentage change from comparable week in 2024):
- Occupancy: 55.9% (-0.5%)
- Average daily rate (ADR): US$156.03 (-2.2%)
- Revenue per available room (RevPAR): US$87.22 (-2.7%)
Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (+13.6% to 74.2%), ADR (+107.1% to US$485.52) and RevPAR (+135.2% to US$360.46). The market’s performance was due to Super Bowl LIX.
Las Vegas, host of Super Bowl LVIII during the comparable week in 2024, saw the steepest performance declines: occupancy (-16.8% to 63.9%), ADR (-54.9% to US$183.20) and RevPAR (-62.5% to US$117.10).
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