U.S. hotels post record ADR, RevPAR in 2024

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However, the country’s ADR and RevPAR growth rates were at their lowest since the declines of 2020

Jan 27, 2025

The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR), but the country’s growth rate was its lowest since the declines of 2020, according to CoStar’s 2024 year-end data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

2024 (percentage change from 2023):

• Occupancy: 63.0% (flat)
• Average daily rate (ADR): US$158.67 (+1.7%)
• Revenue per available room (RevPAR): US$99.94 (+1.8%)

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