U.S. hotel results for week ending 11 January
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 11 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
WASHINGTON -- The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 11 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Performance was impacted by shifts in the MLK Day and group/conference calendars, as well as various weather events, including the Los Angeles fires and winter storm Cora.
5-11 January 2025 (percentage change from comparable week in 2024):
- Occupancy: 49.2% (-7.7%)
- Average daily rate (ADR): US$144.03 (-5.9%)
- Revenue per available room (RevPAR): US$70.92 (-13.2%)
Among the Top 25 Markets, Tampa reported the largest gains in each of the three key performance metrics: occupancy (+18.2% to 79.1%), ADR (+7.6% to US$178.42), and RevPAR (+27.2% to US$141.20).
Of note, Los Angeles saw the second-highest increases in occupancy (+5.7% to 65.0%) and RevPAR (+8.6% to US$122.63), due to displacement demand from the fires. STR’s Weekly Insights Blog, which will be published on Friday, will include further analysis of the Los Angeles fire impact.
The steepest RevPAR decline was reported in San Francisco (-78.1% to US$85.89), due to the J.P. Morgan Healthcare Conference calendar shift.
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises 85,000 properties and 11 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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