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Orlando reported the largest surge in ADR, up by 7.4% to US$224.62. – Image Credit Unsplash
- The U.S. hotel industry shows improved occupancy, average daily rate (ADR), and revenue per available room (RevPAR) in the week ending 1st February 2025 compared to the same week in 2024.
- Minneapolis and Orlando lead the Top 25 Markets with significant increases, while Las Vegas and New Orleans experience declines.
According to the latest data by leading online real estate marketplace provider CoStar, the U.S. hotel industry exhibited positive year-on-year growth for the week ending 1st February 2025.
Compared to the same week in 2024, the industry reported a 2.3% increase in occupancy rates, reaching 56.5%, and a 1.8% rise in the average daily rate (ADR), with a value of US$150.25. Subsequently, revenue per available room (RevPAR) saw a 4.1% boost, amounting to US$84.90.
Among the Top 25 Markets, Minneapolis demonstrated the most substantial growth, with occupancy rates and RevPAR rising by 13.6% (to 47.4%) and 16.7% (to US$56.67), respectively. Meanwhile, Orlando reported the largest ADR surge, up 7.4% to US$224.62.
Conversely, Las Vegas and New Orleans experienced the steepest RevPAR declines. Las Vegas saw a drop of 15.0%, reducing RevPAR to US$137.63, while New Orleans reported a 6.2% decline, bringing RevPAR down to US$98.23.
