According to CoStar data, the U.S. Hotel industry reported mostly positive comparisons year-over-year for the week ending August 2.
July 27-August 2 (percentage changes from the comparable week in 2020)
Occupancy: 69.5% (-0.1%)
ADR: $161.00 (+0.5%)
RevPAR: $111.90 (+0.4%)
San Francisco was the market that saw the greatest increase in all three of these key performance metrics. The World Transplant Congress kicked off the market’s performance.
Houston experienced the largest drop in occupancy (-19.3%, to 61.2%) and RevPAR(-25.3%, to $69.99). The declines are mostly due to a high displacement demand following Hurricane Beryl 2024.
Post U.S. hotel results for week ending Aug. 2 The first time that appeared on hotelbusiness.com.
