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the Top 25 Markets saw the highest occupancy increase in San Francisco (+13.2% to 67.5%)
- The U.S. hotel industry reports mixed results for the week ending 5th April 2025, with a slight decrease in occupancy but increases in average daily rate and revenue per available room.
- San Francisco and Las Vegas saw the most significant gains in occupancy and average daily rates, while Phoenix and Anaheim experienced the largest revenue drop per available room.
CoStar, a provider of online real estate marketplaces, information, and analytics, has released the latest data regarding the U.S. hotel industry. The week ending 5th April 2025 saw mixed results in year-over-year comparisons.
Overall, occupancy rates dropped slightly to 63.8%, a 0.6% decrease from the same week in 2024. However, the average daily rate (ADR) and revenue per available room (RevPAR) showed growth, with ADR up by 1.4% to $160.18, and RevPAR increasing by 0.8% to $102.21.
Concerning regional performance, the Top 25 Markets saw the highest occupancy increase in San Francisco (+13.2% to 67.5%). Las Vegas reported the most significant gains in ADR (+36.4% to $223.53) and RevPAR (+44.6% to $188.76).
On the other hand, Phoenix and Anaheim saw the largest drops in RevPAR, with declines of 18.8% to $150.60 and 10.8% to $131.60, respectively.
