- The U.S. hotel industry reported a slight decline in occupancy rates in April 2025, with average daily rates showing a modest increase.
- Among the Top 25 Markets, New York had the highest occupancy level, while San Francisco/San Mateo recorded the highest gains across all metrics.
According to data from CoStar, the U.S. hotel industry experienced mixed performance results in April 2025. The findings indicate that a marginal shift in the Easter calendar negatively influenced occupancy rates.
Specifically, the hotel occupancy in April 2025 was down by 1.9% compared to the same month in the previous year, at 63.9%. However, the average daily rate (ADR) slightly increased by 1.8%, reaching US$161.28. The revenue per available room (RevPAR) witnessed a negligible decline of 0.1%, amounting to US$103.11.
Among the Top 25 Markets in the U.S., New York stood out with the highest occupancy level, experiencing a 0.5% increase to 84.8%. Conversely, Detroit and Minneapolis registered the lowest occupancy rates for the month, with Detroit down by 2.3% to 57.4% and Minneapolis up by 2.7% to 60.9%.
San Francisco/San Mateo took the lead in terms of gains across all metrics. The region saw a significant increase in occupancy by 14.0% to 69.6%, ADR by 20.5% to US$227.44, and RevPAR by 37.4% to US$158.36.
In aggregate, the Top 25 Markets demonstrated higher occupancy than all other markets and recorded a smaller year-over-year decline of -1.3% compared to -2.3% for the rest. The mixed results across markets reflect the dynamic and complex nature of the U.S. hotel industry, influenced by various factors including seasonal trends and regional economic conditions.
