U.S. hotel results for week ending 31 January

Overall U.S. performance shows occupancy down 4.3% and RevPAR down 4.0%, with Nashville seeing unusual gains due to Winter Storm Fern displacement bookings.

ARLINGTON, Va. – The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 31 January. CoStar is a leading global provider of online real estate marketplaces, information and analytics in the property markets.

25-31 January 2026 (percentage change from comparable week in 2025):

  • Occupancy: 54.0% (-4.3%)
  • Average daily rate (ADR): US$150.55 (+0.2%)
  • Revenue per available room (RevPAR): US$81.37 (-4.0%)

Among the Top 25 Markets, Nashville reported the largest occupancy increase (+24.1% to 71.0%) as well as the steepest decline in ADR (-13.8% to US$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% to US$67.26).

Las Vegas registered the most pronounced decreases in occupancy (-10.4% to 69.0%) and RevPAR (-14.2% to US$116.44).

For more information about the company and its products and services, please visit costargroup.com.

Additional Performance Data

CoStar’s world-leading hotel performance sample comprises more than 93,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

Media Contact

Haley Luther

Senior Communications Manager [email protected] +1 (216) 278 0627

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