The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data.
For the week of March 1-7 (percentage change from comparable week in 2025):
- Occupancy: 63 percent (+1.2 percent)
- Average daily rate: $166.47 (+3.6 percent)
- Revenue per available room: $104.92 (+4.9 percent)
Top Markets
Among CoStar’s top 25 markets, Las Vegas reported the highest increases across each of the three key performance metrics: occupancy (+19.1 percent to 85.0 percent), ADR (+60 percent to $291.25) and RevPAR (+90.5 percent to $247.61). The market’s performance was lifted by the triennial CONEXPO-CON/AGG.
San Diego saw the only other double-digit lift in occupancy (+12.5 percent to 73.5 percent), which drove the second-highest gain in RevPAR (+20.7 percent to $153.11).
Due to comparison against last year’s Mardi Gras period, New Orleans registered the steepest drops in ADR (-12.8 percent to $196.89) and RevPAR (-17.2 percent to $135.63).
Orlando recorded the largest occupancy decline (-6.4 percent to 76.2 percent).