On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
12-18 January 2025 (percentage change from comparable week in 2024):
- Occupancy: 55.8% (+6.7%)
- Average daily rate (ADR): US$155.81 (+10.0%)
- Revenue per available room (RevPAR): US$86.93 (+17.4%)
Among the Top 25 Markets, San Francisco reported the largest gains in each of the three key performance metrics: occupancy (+35.9% to 71.2%), ADR (+230% to US$625.98), and RevPAR (+348.3% to US$445.85). The market’s performance was lifted by the J.P. Morgan Healthcare Conference.
Ahead of the presidential inauguration, Washington, D.C., saw the second-highest increases in ADR (+52.8% to US$221.62) and RevPAR (+83.9% to US$131.16).
The only RevPAR declines were reported in Dallas (-4.7% to US$78.50) and Oahu (-1.7% to US$217.99).
For more information about the company and its products and services, please visit www.costargroup.com.