The U.S. hotel industry reported negative year-over-year comparisons for the week ended Sept. 20, according to data from CoStar.
September 14-20 (percentage change from comparable week in 2024):
Occupancy: 68.1% (-1.1%)
ADR: $168.98 (-0.3%)
RevPAR: $115.12 (-1.4%)
Among the top 25 markets, Houston saw the largest drop in occupancy (-12.3% to 60.5%) and the second-steepest decline in RevPAR (-20.1% to $73.89).
New Orleans reported the steepest declines in ADR (-11.6% to $139.37) and RevPAR (-22.4% to $75.27).
Overall, 17 of the top 25 markets reported a decline in occupancy.
The post U.S. hotel results for week ending Sept. 20 appeared first on hotelbusiness.com.
Source: hotelbusiness.com
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