Helped by Memorial Day weekend, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 23 May. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.
17-23 May 2026 (percentage change from comparable week in 2025):
- Occupancy: 67.9% (+0.8%)
- Average daily rate (ADR): US$171.04 (+3.7%)
- Revenue per available room (RevPAR): US$116.20 (+4.6%)
Among the Top 25 Markets, Tampa registered the highest increases across each of the three key performance metrics: occupancy (+15.4% to 77.0%), ADR (+22.9% to US$207.96) and RevPAR (+41.9% to US$160.07). The market’s performance was helped by SOF Week.
Las Vegas posted the second-largest gains in ADR (+19.6% to US$287.59) and RevPAR (+25.7% to US$241.57), supported by a strong calendar of events, including ICSC Las Vegas, Licensing Expo, and two BTS concert nights later in the week.
Boston reported the steepest declines in ADR (-5.4% to US$267.34) and RevPAR (-14.7% to US$204.10), while St. Louis saw the largest occupancy drop (-12.0% to 67.2%).
