U.S. HOTEL PERFORMANCE showed mixed results in the fourth week of December, according to CoStar. Occupancy declined compared to the previous week, while RevPAR and ADR recorded slight increases. Year-over-year metrics remained negative due to the holiday week.
Occupancy fell to 47.7 percent for the week ending Dec. 28, down from 48.9 percent the previous week, a 4.9 percent decline year-over-year. ADR increased to $160.96 from $135.79 week-over-week but was down 1.7 percent compared to last year. RevPAR rose to $76.83 from $66.36 the prior week, though it marked a 6.5 percent year-over-year decrease.
Tampa was the only top 25 market to report a double-digit year-over-year occupancy increase, rising 16.3 percent to 74 percent, with RevPAR up 22.6 percent to $124.36. Houston posted the highest ADR increase, rising 5.6 percent to $97.82.
Nashville saw the sharpest RevPAR decline, down 35.6 percent to $51.68, followed by Atlanta, which dipped 21.7 percent to $40.05.
