The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 1 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
23 February through 1 March 2025 (percentage change from comparable week in 2024):
- Occupancy: 62.8% (+0.4%)
- Average daily rate (ADR): US$159.26 (+2.7%)
- Revenue per available room (RevPAR): US$100.06 (+3.1%)
Among the Top 25 Markets, St. Louis saw the highest occupancy lift (+12.1% to 59.4%).
Helped by Mardi Gras, New Orleans reported the largest increases in ADR (+36.8% to US$233.77) and RevPAR (+30.6% to US$148.54). Occupancy, however, declined 4.6% to 63.5%.
The steepest RevPAR declines were seen in Oahu (-13.1% to US$206.45) and Boston (-11.0% to US$102.66).
For more information about the company and its products and services, please visit costargroup.com.
About CoStar Group, Inc.
CoStar Group is a global leader in commercial real estate information, analytics, and online marketplaces. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news, and CoStar Group’s industry-leading brands include STR, a global leader in hospitality data and benchmarking. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. For more information, visit CoStarGroup.com.