The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 20 September. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.
14-20 September 2025 (percentage change from comparable week in 2024):
- Occupancy: 68.1% (-1.1%)
- Average daily rate (ADR): US$168.98 (-0.3%)
- Revenue per available room (RevPAR): US$115.12 (-1.4%)
Among the Top 25 Markets, Houston saw the largest drop in occupancy (-12.3% to 60.5%) and the second-steepest decline in RevPAR (-20.1% to US$73.89).
New Orleans reported the steepest declines in ADR (-11.6% to US$139.37) and RevPAR (-22.4% to US$75.27).
Overall, 17 of the Top 25 Markets reported an occupancy decline.
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