WASHINGTON—The U.S. lodge business reported unfavorable year-over-year comparisons, in response to CoStar’s newest information via Jan. 11, 2024.
Efficiency was impacted by shifts in Martin Luther King Jr. Day and group/convention calendars, in addition to numerous climate occasions, together with the Los Angeles fires and winter storm Cora.
| U.S. Lodge Efficiency |
| January 5-11, 2025 |
| Share change from comparable week in 2024 |
| Occupancy: 49.2 p.c (down 7.7 p.c) |
| ADR: $144.03 (down 5.9 p.c) |
| RevPAR: $70.92 (down 13.2 p.c) |
Among the many High 25 Markets, Tampa reported the biggest positive aspects in every of the three key efficiency metrics: occupancy (up 18.2 p.c to 79.1 p.c), ADR (up 7.6 p.c to $178.42), and RevPAR (up 27.2 p.c to $141.20).
Of notice, Los Angeles noticed the second-highest will increase in occupancy (up 5.7 p.c to 65.0 p.c) and RevPAR (up 8.6 p.c to $122.63), because of displacement demand from the fires.
The steepest RevPAR decline was reported in San Francisco (down 78.1 p.c to $85.89) because of the J.P. Morgan Healthcare Convention calendar shift.
