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U.S. Hotel Performance for Week Ending May 4th

U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 4 May.

28 April through 4 May 2024 (percentage change from comparable week in 2023):

  • Occupancy: 64.4% (-0.8%)
  • Average daily rate (ADR): US$159.97 (+1.3%)
  • Revenue per available room (RevPAR): US$103.09 (+0.5%)

Among the Top 25 Markets, Seattle reported the highest year-over-year increase in occupancy (+8.1% to 69.4%).

Dallas posted the largest lift in ADR (+5.8% to US$134.33).

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