Due to the New Year’s holiday shift, the US hotel industry reported positive year-over-year comparisons.
29 December 2024 through 4 January 2025 (percentage change from comparable week in 2023 and 2024):
- Occupancy: 48.3% (+2.9%)
- Average daily rate (ADR): US$168.90 (+11.7%)
- Revenue per available room (RevPAR): US$81.53 (+14.9%)
Among the Top 25 Markets, Tampa reported the largest year-over-year occupancy increase (+29.7% to 77.5%).
New York City posted the highest lifts in ADR (+30.7% to US$340.79) and RevPAR (+48.4% to US$283.03).
The steepest RevPAR declines were reported in St. Louis (-26.0% to US$36.02) and Seattle (-18.4% to US$54.23).
For more information about the company and its products and services, please visit www.costargroup.com
