CoStar: U.S. hotel performance up year over year in May

Philadelphia Skyline
Among CoStar’s top 25 markets, Philadelphia reported the highest occupancy increase in May. (Hotel Management)

U.S. hotel performance showed positive year-over-year comparisons, according to May 2026 data from CoStar.

For May 2026 (percentage change from May 2025):

  • Occupancy: 65.7 percent (+0.6 percent)
  • Average daily rate: $168.51 (+3.4 percent)
  • Revenue per available room: $110.76 (+4 percent)

Top Markets

Among CoStar’s top 25 markets, Philadelphia reported the highest occupancy increase (+4.3 percent to 74.4 percent).

Las Vegas registered the largest gains in ADR (+13.5 percent to $238.40) and RevPAR (+17.9 percent to $188.69), supported by a strong calendar of events.

Overall, 20 of the top 25 markets reported a jump in RevPAR.