The U.S. hotel industry reported negative weekly results due to the Labor Day calendar shift, according to CoStar’s latest data through 12 September. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.
6-12 September 2026 (percentage change from comparable week in 2025):
- Occupancy: 62.3% (-4.6%)
- Average daily rate (ADR): US$160.57 (-1.7%)
- Revenue per available room (RevPAR): US$100.08 (-6.2%)
The industry had recorded 21 consecutive weeks of performance growth. Year-over-year declines were concentrated from Monday through Wednesday, as the comparable week in 2025 did not include the Labor Day holiday.
Among the Top 25 Markets, New York City saw the largest gains across each of the three key performance metrics: occupancy (+4.1% to 91.8%), ADR (+7.1% to US$435.43) and RevPAR (+11.5% to US$399.60).
Las Vegas reported the steepest declines in ADR (-20.2% to US$149.68) and RevPAR (-32.8% to US$97.55), while Minneapolis saw largest occupancy drop (-17.0% to 57.8%).
