U.S. Hotel Industry Reports Year-Over-Year Gains for Week Ending February 21 :: Hospitality Trends

U.S. hotels saw higher occupancy, rates, and revenue per room for the week ending February 21, 2026, with New Orleans and Las Vegas leading gains and Boston posting declines.

The U.S. hotel industry reported positive year-over-year results for the week of February 15-21, 2026, according to CoStar. National occupancy reached 62.2%, a 3.1% increase from the comparable week in 2025. The average daily rate (ADR) rose 3.0% to $164.56, and revenue per available room (RevPAR) climbed 6.2% to $102.35.

Among the Top 25 Markets, New Orleans recorded the largest increases in ADR, up 14.4% to $225.77, and RevPAR, up 31.4% to $177.42, supported by Mardi Gras. Las Vegas posted the highest occupancy gain, rising 20.0% to 83.3%, and the second-largest RevPAR increase, up 28.6% to $152.79, driven by events including the WVC Annual Conference, MAGIC Las Vegas, and PROJECT Las Vegas.

Boston experienced the steepest declines among major markets, with occupancy down 14.4% to 56.1%, ADR down 6.7% to $158.28, and RevPAR down 20.1% to $88.75.