CoStar: U.S. hotel performance up year over year in May

U.S. hotel performance showed positive year-over-year comparisons, according to May 2026 data from CoStar.

For May 2026 (percentage change from May 2025):

  • Occupancy: 65.7 percent (+0.6 percent)
  • Average daily rate: $168.51 (+3.4 percent)
  • Revenue per available room: $110.76 (+4 percent)

Top Markets

Among CoStar’s top 25 markets, Philadelphia reported the highest occupancy increase (+4.3 percent to 74.4 percent).

Las Vegas registered the largest gains in ADR (+13.5 percent to $238.40) and RevPAR (+17.9 percent to $188.69), supported by a strong calendar of events.

Overall, 20 of the top 25 markets reported a jump in RevPAR.