ARLINGTON, Va. – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStarThe latest data for the 3rd of May. CoStar, a leading online provider of information and analytics on the real estate markets, is an industry leader in providing real estate marketplaces.
The week from 27 April to 3 May 2025 is shown as a percentage change from the same week in 2024.
- Occupancy: 65.8% (+1.8%)
- Average daily rate: US$164.33 (+2.2%)
- Revenue per available room (RevPAR): US$108.06 (+4.1%)
Early in the week, performance growth accelerated on the positive side due to the Passover calendar change.
Top 25 markets in the world San Francisco The RSA Conference was the main driver of these increases.
The sharpest declines in RevPAR were reported for Las Vegas (-19.1% to US$125.67). New Orleans (-15.0% at US$134.67)
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Additional Performance Data
CoStar’s hotel performance sample is comprised of more than 88,000 hotels and 11.5 Million rooms in over 80 countries. For additional data, members of the media can contact the following contacts.
CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), is a leading online provider of real estate information and analytics. CoStar Group was founded in 1987 and conducts ongoing, extensive research to create and maintain the most comprehensive and largest database of real-estate information. CoStar is a global leader in information and analytics about commercial real estate. Its clients can analyze and interpret the data to get a unique insight on market conditions, property values and availability. Apartments.com, the world’s leading online apartment marketplace, offers property managers and owners an effective platform to market their properties. LoopNet has thirteen million monthly unique visitors on average. STR offers premium data benchmarking and analytics for the global hospitality sector. Ten-X is a leading platform to conduct commercial real estate auctions online and negotiated bidding. Homes.com connects agents, buyers and sellers in the fastest-growing residential online marketplace. OnTheMarket, a leading property portal in the United Kingdom, is dedicated to residential properties. BureauxLocaux has become one of France’s most popular property portals to buy and lease commercial real estate. Business Immo, France’s most popular commercial real estate news source. Thomas Daily, Germany’s largest real estate online data database. Belbex offers the largest selection of commercial spaces for sale and to rent in Spain. CoStar Group websites had over 163,000,000 unique monthly visitors on average in the third quarter 2024. CoStar Group, headquartered in Washington, DC, has offices across the U.S., Europe, Canada, Asia, and Canada. We plan to use our corporate website CoStarGroup.com as a distribution channel for company material information from time to time. Visit https://www.costargroup.com/ for more information. CoStarGroup.com.
This news release contains “forward-looking” statements, including statements about CoStar’s beliefs or expectations regarding the future. These statements are made based on current opinions and are subjected to many uncertainties and risks that could cause the actual results to be materially different from these statements. These factors include, but are not limited to, the following: the risk of future media events failing to sustain an increase in future occupancies rates. CoStar has provided additional information regarding potential factors which could lead to results differing materially from the ones anticipated in the forward looking statements. This includes, but is not limited to the filings that CoStar makes with the Securities and Exchange Commission from time to time, such as the Annual Report on Form 10K for the year ending December 31, 2023 and in Forms 10Q for the quarters ended March 31, 2020, June 30, 2030, and September 30 2023. CoStar has made all forward-looking claims based on the information it had at that time. CoStar does not assume any obligation to revise or update these statements as a result new information or future events.
Haley Luther
Senior Communications Manager
+1 (216) 278 0627
STR
