The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data for the week of July 20 to 26.
For the week (percentage change from comparable week in 2024):
- Occupancy: 71.5 percent (-0.7 percent)
- Average daily rate: $164.88 (-0.1 percent)
- Revenue per available room: $117.88 (-0.8 percent)
Top Markets
Among CoStar’s top 25 markets, St. Louis reported the highest occupancy lift (+5.7 percent to 70.9 percent).
Houston recorded the steepest declines in each of the three key performance metrics: occupancy (-19.7 percent to 61.1 percent), ADR (-7.7 percent to $117.02) and RevPAR (-25.9 percent to $71.54). The decreases are largely due to the elevated displacement demand period that followed Hurricane Beryl in 2024.