Following seasonal patterns, U.S. hotel performance declined from the previous week but showed most positive comparisons year over year, according to CoStar’s latest data.
Aug. 13-19 (percentage change from comparable week in 2022):
- Occupancy: 67 percent (-0.1 percent)
- Average daily rate: $154.10 (+1.8 percent)
- Revenue per available room: $103.22 (+1.8 percent)
Top Markets
Among CoStar's top 25 markets, San Francisco saw the largest year-over-year occupancy increase (+8.2 percent to 76.9 percent).
New York City posted the highest ADR (+10.7 percent to $256.33) and RevPAR (+19.7 percent to $214.86) increases.
Orlando saw the steepest RevPAR decline (-8 percent to $89.94).
Of note, outside of the top 25 markets, Maui Island reported significant year-over-year declines in occupancy (-27.6 percent to 49 percent) and RevPAR (-40.8 percent to $249.49).