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.
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%).
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