The U.S. hotel industry reported nearly flat year-over-year comparisons, according to CoStar’s latest data through 28 February. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.
22-28 February 2026 (percentage change from comparable week in 2025):
- Occupancy: 62.8% (0.0%)
- Average daily rate (ADR): US$159.03 (-0.2%)
- Revenue per available room (RevPAR): US$99.85 (-0.2%)
Among the Top 25 Markets, New Orleans reported the steepest declines in ADR (-32.6% to US$160.58) and RevPAR (-33.7% to US$100.14), due to a comparison against Mardi Gras in 2025.
New York City saw the largest drop in occupancy (-12.6% to 65.8%).
Las Vegas registered the second-steepest decreases in each of the three key performance metrics: occupancy (-12.0% to 72.1%), ADR (-26.9% to US$171.18) and RevPAR (-35.7% to US$123.45).
San Francisco posted the highest gains across each of the three key performance metrics: occupancy (+20.3% to 75.3%), ADR (+12.5% to US$232.83) and RevPAR (+35.3% to US$175.33).
