U.S. weekly hotel results: Oct. 22-28

During the week of Oct. 22-28, U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data.
 
For the week (percentage change from comparable week in 2022)

  • Occupancy: 66.0 percent (+0.7 percent)
  • Average daily rate: $160.89 (+3.9 percent)
  • Revenue per available room: $106.16 (+4.6 percent)

Top Markets

Among the top 25 markets, Minneapolis saw the largest year-over-year lift in occupancy (+12.7 percent to 64.5 percent).

New York City posted the highest ADR increase (+12.7 percent to $365.05).  

San Francisco reported the largest jump in RevPAR (+22.7 percent to $178.32). 

Tampa, Fla., saw the steepest RevPAR decline (-16.9 percent to $98.63).