U.S. weekly hotel results: Jan. 5-11

The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data.

Performance was impacted by shifts in the MLK Day and group/conference calendars, as well as various weather events, including the Los Angeles fires and winter storm Cora.

For the week of Jan. 5-11 (percentage change from comparable week in 2024):

  • Occupancy: 49.2 percent (-7.7 percent)
  • Average daily rate : $144.03 (-5.9 percent)
  • Revenue per available room: $70.92 (-13.2 percent)

Top Markets

Among CoStar’s top 25 markets, Tampa reported the largest gains in each of the three key performance metrics: occupancy (+18.2 percent to 79.1 percent), ADR (+7.6 percent to $178.42) and RevPAR (+27.2 percent to $141.20).

Of note, Los Angeles saw the second-highest increases in occupancy (+5.7 percent to 65 percent) and RevPAR (+8.6 percent to $122.63), due to displacement demand from the fires.

The steepest RevPAR decline was reported in San Francisco (-78.1 percent to $85.89), due to the J.P. Morgan Healthcare Conference calendar shift.