WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through Dec. 28, 2024.
U.S. Hotel Performance |
December 22-28, 2024 |
Percentage change from comparable week in 2023 |
Occupancy: 47.7 percent (down 4.9 percent) |
ADR: $160.96 (down 1.7 percent) |
RevPAR: $76.83 (down 6.5 percent) |
Among the Top 25 Markets, Tampa reported the only double-digit increases in occupancy (up 16.3 percent to 74.0 percent) and RevPAR (up 22.6 percent to $124.36).
Houston posted the highest ADR lift (up 5.6 percent to $97.82).
The steepest RevPAR declines were reported in Nashville (down 35.6 percent to $51.68) and Atlanta (down 21.7 percent to $40.05).