The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 8 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

2-8 March 2025 (percentage change from comparable week in 2024):

  • Occupancy: 62.4% (-1.4%)
  • Average daily rate (ADR): US$160.53 (+2.1%)
  • Revenue per available room (RevPAR): US$100.11 (+0.6%)

Among the Top 25 Markets, Chicago saw the highest occupancy lift (+9.5% to 60.7%).

Anaheim reported the largest increases in ADR (+25.8% to US$249.02) and RevPAR (+35.8% to US$188.97), due to Natural Products Expo West.

Helped by Mardi Gras, New Orleans reported the second-highest gains in ADR (+20.5% to US$224.46) and RevPAR (+17.2% to US$162.86). Occupancy, however, declined 2.7% to 72.6%.

The steepest RevPAR declines were seen in Minneapolis (-31.0% to US$62.77) and San Diego (-23.7% to US$127.21).

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