• In its Super Bowl host week, Las Vegas reported the highest jumps in ADR (+126.1% to US$445.05) and RevPAR (+139.9% to US$335.61).   


U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar's latest data through 10 February.

U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 10 February.

4-10 February 2024 (percentage change from comparable week in 2023):

  • Occupancy: 56.2% (-2.7%)
  • Average daily rate (ADR): US$160.96 (+6.8%)
  • Revenue per available room (RevPAR): US$90.40 (+3.9%)

Among the Top 25 Markets, Oahu Island saw the largest increase in occupancy (+8.0% to 82.9%).

In its Super Bowl host week, Las Vegas reported the highest jumps in ADR (+126.1% to US$445.05) and RevPAR (+139.9% to US$335.61). Weekly occupancy grew 6.1% to 75.4%. On Friday and Saturday nights, Las Vegas’ occupancy topped 80%, and ADR ballooned to more than US$700.

Although Phoenix hosted the WM Open, the market reported the steepest RevPAR decline (-33.9% to US$198.13) because of comparison to its Super Bowl host period last year.  

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.