Skip to content
Search

Latest Stories

CoStar: U.S. hotel metrics down in third week of August

Among the top 25 markets, Houston reported the largest year-over-year increase in occupancy, RevPAR and ADR

CoStar: U.S. hotel metrics down in third week of August

U.S. HOTEL PERFORMANCE showed mixed year-over-year results in the third week of August compared to the previous week, according to CoStar. Key metrics, including occupancy, RevPAR and ADR, all experienced a decline from the previous week.

Occupancy dropped to 66.9 percent for the week ending Aug. 17, down from 68.7 percent the previous week, and showed a 0.2 percent decrease year-over-year. The ADR was $156.35, lower than the prior week’s $159.49, but 1 percent higher than the same week last year. RevPAR fell to $104.54 from $109.51 the previous week, yet remained 0.9 percent higher compared to the same period in 2023.


Among the top 25 markets, Houston reported the largest year-over-year increase in all three key performance metrics: occupancy surged 34.3 percent to 75.3 percent, ADR rose 14.5 percent to $121.89, and RevPAR climbed 53.8 percent to $91.73.

The steepest RevPAR declines were observed in San Francisco, which fell 13.8 percent to $143.39, and Atlanta, which decreased 11.3 percent to $69.43.

More for you

G6 Hospitality CEO Sonal Sinha at franchisee meeting discussing Motel 6 and Studio 6 growth in 2025
Photo credit: G6 Hospitality

G6 Hospitality plans nationwide franchisee engagement

G6 Hospitality’s 2025 Franchisee Meetings Drive Collaboration

G6 HOSPITALITY, PARENT company of Motel 6 and Studio 6, aims to hold more than 15 franchisee meetings nationwide as part of its franchisee engagement initiative. The company began the initiative earlier this year and plans to hold one meeting in each region before year-end.

The company engages owners to strengthen relationships and gather insights for growth, G6 said in a statement.

Keep ReadingShow less
Revival Hotels and Stayntouch cloud PMS partnership announcement 2025

Revival Hotels implements new PMS

How Revival Hotels Enhances Operations with Stayntouch’s Cloud PMS

HOTEL MANAGEMENT FIRM Revival Hotels is working with Stayntouch to provide its cloud-based property management systems to Revival’s independent portfolio. Revival is led by Founder and CEO Saxton Sharad.

Revival will receive automated software with flexibility and an interface its team can adopt to improve daily operations, the companies said in a joint statement.

Keep ReadingShow less
યુએસ-કેનેડા વેપાર તણાવની પ્રવાસન પર અસર

યુએસ-કેનેડા વેપાર તણાવની પ્રવાસન પર અસર

યુ.એસ. અને કેનેડા વચ્ચેના વેપાર તણાવની અસર યુ.એસ.ની મુસાફરી અને પ્રવાસન ઉદ્યોગ પર થવા લાગી છે, કારણ કે તેના લીધે કેનેડિયનોએ પ્રવાસમાં ઘટાડો કર્યો છે. સ્ટેટિસ્ટિક્સ કેનેડાના જણાવ્યા અનુસાર, યુ.એસ.માં ડ્રાઇવિંગ કરતા કેનેડિયનોની સંખ્યામાં એક વર્ષ અગાઉના ફેબ્રુઆરીમાં 23 ટકાનો ઘટાડો થયો હતો, જે બીજા સીધા માસિક ઘટાડો અને માર્ચ 2021 પછી માત્ર બીજો ઘટાડો દર્શાવે છે.

પ્રમુખ ડોનાલ્ડ ટ્રમ્પે ફેબ્રુ. 1 ના રોજ લગભગ તમામ કેનેડિયન અને મેક્સીકન સામાન પર 25 ટકા ટેરિફ લાદતા એક્ઝિક્યુટિવ ઓર્ડર પર હસ્તાક્ષર કર્યા હતા, જે 4 માર્ચથી અમલમાં આવ્યા હતા. તેમણે કેનેડાને 51મું રાજ્ય બનાવવા માટે વારંવાર હાકલ કરી છે.

Keep ReadingShow less