U.S. hotel results for week ending January 25

As expected with the MLK Day holiday, the U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through January 25.

January 19-25 (percentage change from comparable week in 2024)
Occupancy: 54.3% (-3.4%)
Average daily rate (ADR): $154.21 (+3.4%)
Revenue per available room (RevPAR): $83.74 (-0.2%)

Among the Top 25 markets, Los Angeles reported the largest occupancy gain (+6% to 68.7%). Helped by the presidential inauguration, Washington, D.C., saw the highest increases in ADR (+78% to $285.56) and RevPAR (+86.8% to $169.23).

The steepest RevPAR declines were reported in Chicago (-34% to $52.88) and Seattle (-11.9% to $80.19).

Tags: STR