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Washington, D.C., saw a significant increase in ADR and RevPAR, primarily attributed to the presidential inauguration. – Image Credit Unsplash
- The U.S. hotel industry shows varied year-over-year comparisons, with Los Angeles reporting the largest occupancy gain.
- Washington, D.C. saw a surge in average daily rate (ADR) and revenue per available room (RevPAR), helped by the presidential inauguration, while Chicago and Seattle reported steep declines.
The U.S. hotel industry showed mixed results in the week ending 25th January 2025, according to the latest data by real estate marketplace provider CoStar. The report, which compared the data to the same week in 2024, showed a slight decline in occupancy rates but a small increase in the average daily rate (ADR).
During this period, hotel occupancy across the country was 54.3%, a drop of 3.4% from the same week the previous year. However, the average daily rate (ADR) rose 3.4% to $154.21. The revenue per available room (RevPAR), another crucial indicator of the industry’s performance, experienced a negligible drop of 0.2% to $83.74.
Among the Top 25 Markets, Los Angeles led the pack in terms of occupancy gain, showing a 6% increase to 68.7%. On the other hand, Chicago and Seattle reported the highest declines in RevPAR, with a drop of 34% to $52.88 and 11.9% to $80.19, respectively.
Interestingly, Washington, D.C., saw a significant increase in ADR and RevPAR, primarily attributed to the presidential inauguration. The ADR skyrocketed 78.0% to $285.56, while the RevPAR shot up 86.8% to $169.23.
