The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data.
For the week of Jan. 25-31 (percentage change from comparable week in 2025):
- Occupancy: 54 percent (-4.3 percent)
- Average daily rate: $150.55 (+0.2 percent)
- Revenue per available room: $81.37 (-4 percent)
Top Markets
Among CoStar’s top 25 markets, Nashville reported the largest occupancy increase (+24.1 percent to 71 percent) as well as the steepest decline in ADR (-13.8 percent to $140.49). The market’s performance was due to the impact of Winter Storm Fern, as hotels offered discounted rates to help displaced residents.
Minneapolis saw the highest RevPAR gain (+18.9 percent to $67.26).
Las Vegas registered the most pronounced decreases in occupancy (-10.4 percent to 69.0 percent) and RevPAR (-14.2 percent to $116.44).