• Washington, D.C., posted the only double-digit lift in ADR (+10.0% to US$226.25).   

U.S. hotel performance showed mixed results from the previous week, according to CoStar's latest data through 20 April.

14-20 April 2024 (percentage change from comparable week in 2023):

  • Occupancy: 66.8% (-0.3%)
  • Average daily rate (ADR): US$158.60 (+1.5%)
  • Revenue per available room (RevPAR): US$105.94 (+1.2%)

Among the Top 25 Markets, Philadelphia reported the largest year-over-year increases in occupancy (+14.3% to 72.1%) and RevPAR (+23.2% to US$114.11). 

Washington, D.C., posted the only double-digit lift in ADR (+10.0% to US$226.25).

The steepest RevPAR declines were seen in Chicago (-16.2% to US$105.97) and San Francisco (-9.7% to US$123.76).

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.