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U.S. Hotel Performance Showed Mixed Results for the Week Ending September 9th

September 14, 2023

Continuing seasonal patterns, U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 9 September.

3-9 September 2023 (percentage change from comparable week in 2022):

  • Occupancy: 60.3% (-1.9%)
  • Average daily rate (ADR): US$150.66 (+1.8%)
  • Revenue per available room (RevPAR): US$90.86 (-0.1%)

Among the Top 25 Markets, Denver saw the largest year-over-year increases in each of the key performance metrics: occupancy (+8.0% to 76.3%), ADR (+12.5% to US$163.16) and RevPAR (+21.4% to US$124.56).

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