On the positive side of the Easter calendar shift, the U.S. hotel industry reported increases across the key performance metrics, according to CoStar’s latest data through March 29.
For the week of March 23-29 (percentage change from comparable week in 2024):
- Occupancy: 65.1 percent (+4.4 percent)
- Average daily rate: $161.65 (+2.5 percent)
- Revenue per available room: $105.19 (+7 percent)
Top Markets
Among CoStar's top 25 markets, St. Louis saw the largest increases in each of the key performance metrics: occupancy (+27 percent to 76.8 percent), ADR (+15.8 percent to $138) and RevPAR (+47 percent to $105.94).
Only five markets saw a RevPAR decline, with New York City (-9 percent to $229.99) and Oahu Island on Hawaii (-5.4 percent to $217.74) reporting the largest drops in the metric.