Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through April 13.
April 7-13 (percentage change from comparable week in 2023):
- Occupancy: 65.8 percent (+2.8 percent)
- Average daily rate: $160.20 (+2.9 percent)
- Revenue per available room: $105.48 (+5.8 percent)
Among the Top 25 Markets, Philadelphia reported the largest year-over-year increase in occupancy (+23.2 percent to 77.0 percent) and RevPAR (+45.7 percent to $133.79). The market’s performance was driven by WrestleMania 40.
Dallas, positioned along the path of the solar eclipse, posted the largest ADR lift (+20.1 percent to $150.33) and the second-highest jump in RevPAR (+38.8 percent to $117.50).
The steepest RevPAR declines were seen in Tampa (-24.1 percent to $135.79) and Orlando (-20.9 percent to $134.48).