U.S. Hotel Performance: Weekly Trends in Occupancy, ADR & RevPAR
U.S. HOTEL PERFORMANCE showed mixed results for the week ending Feb. 8, with year-over-year declines, according to CoStar. Occupancy fell from the previous week, while ADR and RevPAR saw slight increases.
Occupancy fell to 55.9 percent for the week ending February 8, down from 56.5 percent the previous week, a 0.5 percent year-over-year decline. ADR increased to $156.03 from $150.25 but was down 2.2 percent from the same period last year. RevPAR rose to $87.22 from $84.90, reflecting a 2.7 percent year-over-year decrease.
Among the top 25 markets, New Orleans saw the highest year-over-year increases in key performance metrics, driven by Super Bowl LIX. Occupancy rose 13.6 percent to 74.2 percent, ADR jumped 107.1 percent to $485.52, and RevPAR grew 135.2 percent to $360.46.
Las Vegas, which hosted Super Bowl LVIII during the same week in 2024, saw the steepest declines in performance. Occupancy fell 16.8 percent to 63.9 percent, ADR dropped 54.9 percent to $183.20, and RevPAR declined 62.5 percent to $117.10.
