The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through July 5.
June 29 through July 5 (percentage change from comparable week in 2024):
- Occupancy: 61.1 percent (-0.4 percent)
- Average daily rate: $156.71 (-0.9 percent)
- Revenue per available room: $95.80 (-1.3 percent)
Among the Top 25 Markets, St. Louis saw the largest increases in occupancy (+27.1 percent to 64 percent) and RevPAR (+38.4 percent to $81.19).
San Diego posted the only double-digit jump in ADR (+10.9 percent to $271.96).
Las Vegas recorded the steepest declines in each of the three key performance metrics: occupancy (-16.8 percent to 66.7 percent), ADR (-14.3 percent to $154.16) and RevPAR (-28.7 percent to $102.75).