The US hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data.
15-21 February 2026 (percentage change from comparable week in 2025):
- Occupancy: 62.2% (+3.1%)
- Average daily rate (ADR): US$164.56 (+3.0%)
- Revenue per available room (RevPAR): US$102.35 (+6.2%)
Among the Top 25 Markets, New Orleans reported the largest increases in ADR (+14.4% to US$225.77) and RevPAR (+31.4% to US$177.42). The market’s performance was helped by Mardi Gras.
Las Vegas saw the highest lift in occupancy (+20.0% to 83.3%) and the second-largest gain in RevPAR (+28.6% to US$152.79). Several events pushed the market’s performance, including the WVC Annual Conference, MAGIC Las Vegas, and PROJECT Las Vegas.
Boston registered the steepest declines across each of the three key performance metrics: occupancy (-14.4% to 56.1%), ADR (-6.7% to US$158.28) and RevPAR (-20.1% to US$88.75).
Canada hotels report highest occupancy gain since July 2025
Canada’s hotel industry reported its highest year-over-year occupancy increase since July 2025, according to January 2026 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
January 2026 (percentage change from 2025):
- Occupancy: 51.5% (+3.1%)
- Average daily rate (ADR): CAD188.98 (+4.7%)
- Revenue per available room (RevPAR): CAD97.35 (+7.9%)
Among the provinces and territories, Manitoba reported the largest increases across each of the three key performance metrics: occupancy (+11.9% to 59.6%), ADR (+9.0% to CAD175.84) and RevPAR (+21.9% to CAD104.83).
Among the major markets, Edmonton registered the highest gains in ADR (+7.1% to CAD152.46) and RevPAR (+12.6% to CAD77.36).
Vancouver saw the largest occupancy lift (+6.9% to 64.5%).
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