• Among the Top 25 Markets, Boston saw the largest year-over-year increases in occupancy (+21.5% to 46.2%) and RevPAR (+23.1% to US$65.68).   

As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 23 December.

17-23 December 2023 (percentage change from comparable week in 2022)

  • Occupancy: 43.9% (+0.5%)
  • Average daily rate (ADR): US$131.97 (-0.9%)
  • Revenue per available room (RevPAR): US$57.90 (-0.4%)

Among the Top 25 Markets, Boston saw the largest year-over-year increases in occupancy (+21.5% to 46.2%) and RevPAR (+23.1% to US$65.68).

Anaheim posted the highest ADR lift (+14.7% to US$190.86).

Denver (-11.7% to US$47.25) and San Francisco (-11.7% to US$58.63) matched for the steepest RevPAR declines.

CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. For more information about the company and its products and services, please visit www.costargroup.com.