U.S. hotel results for week ending 7 March

Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.

U.S. hotel results for week ending 7 March

Photo by CoStar

The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 7 March. CoStar is a global leading provider of online real estate marketplaces, information and analytics in the property markets.

1-7 March 2026 (percentage change from comparable week in 2025):

  • Occupancy: 63.0% (+1.2%)
  • Average daily rate (ADR): US$166.47 (+3.6%)
  • Revenue per available room (RevPAR): US$104.92 (+4.9%) 

Among the Top 25 Markets, Las Vegas reported the highest increases across each of the three key performance metrics: occupancy (+19.1% to 85.0%), ADR (+60.0% to US$291.25) and RevPAR (+90.5% to US$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% to 73.5%), which drove the second-highest gain in RevPAR (+20.7% to US$153.11).  

Due to comparison against last year’s Mardi Gras period, New Orleans registered the steepest drops in ADR (-12.8% to US$196.89) and RevPAR (-17.2% to US$135.63). 

Orlando recorded the largest occupancy decline (-6.4% to 76.2%). 

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

Media Contact

Haley Luther

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

Markets & Performance Operations & Strategy Revenue Management ADR Occupancy Rate Market Performance USA & Canada United States

CoStar Group 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...