- The U.S. hotel industry reports varied results for the week ending 22nd February 2025, with occupancy rates down by 2.7% but the average daily rate up by 2.5%.
- Los Angeles tops the list with the most significant increases in occupancy and RevPAR, while Las Vegas experiences the steepest declines.
According to data from real estate specialists CoStar, the U.S. hotel industry exhibited mixed performance for the week ending 22nd February 2025. The industry saw a slight decrease in occupancy rates by 2.7% to 60.3%, while the average daily rate (ADR) increased by 2.5% to $159.90. However, revenue per available room (RevPAR) dropped marginally by 0.3% to $96.49.
In a comparison of the top 25 markets, Los Angeles emerged as a leader, showing impressive increases in occupancy of 10.4% to 74.8%, and a 16.7% rise in RevPAR to $147.34. New Orleans was the only city to report a double-digit increase in ADR, with a significant jump of 10.9% to $197.41.
Conversely, Las Vegas experienced the most notable performance declines across the board, with occupancy rates falling 14.3% to 69.6%, ADR decreasing by 8.4% to $170.83, and RevPAR dropping by a steep 21.4% to $118.86.
