The U.S. hotel industry reported a 21st consecutive week of positive year-over-year comparisons, according to CoStar’s latest data.
For the week of Aug. 30-Sept. 5 (percentage change from comparable week in 2025):
- Occupancy: 63 percent (+9.4 percent)
- Average daily rate: $159.19 (+6.1 percent)
- Revenue per available room: $100.31 (+16.1 percent)
Year-over-year growth was elevated by the Labor Day calendar shift.
Week over week, occupancy was down 1.7 percent, ADR increased 1.3 percent and RevPAR declined 0.4 percent. The rate growth offset most of the occupancy decline, and the $2.05 increase in ADR helped limit the decrease in RevPAR.
Top Markets
Among CoStar’s top 25 markets, Minneapolis saw the largest gains in occupancy (+23.2 percent to 64.9 percent) and RevPAR (+35.7 percent to $87.52).
The highest ADR increase was recorded in Las Vegas (+24.8 percent to $202.85).
St. Louis reported the steepest declines across each of the three key performance metrics: occupancy (-7.4 percent to 57.7 percent), ADR (-4.7 percent to $123.10) and RevPAR (-11.8 percent to $71.01).