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Hotels: Occupancy Rate Increased 1.8% Year-over-year
From STR: U.S. hotel results for week ending 3 May The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 3 May. ... 27 April through 3 May 2025 (percentage change from comparable week in 2024): • Occupancy: 65.8% (+1.8%) • Average daily rate (ADR): US$164.33 (+2.2%) • Revenue per available room (RevPAR): US$108.06 (+4.1%) Performance growth was lifted early in the week on the positive side of the Passover calendar shift. emphasis addedThe following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.Click on graph for larger image. The red line is for 2025, blue is the median, and dashed light blue is for 2024. Dashed purple is for 2018, the record year for hotel occupancy. The 4-week average of the occupancy rate is tracking below both last year and is close to the median rate for the period 2000 through 2024 (Blue).Note: Y-axis doesn't start at zero to better show the seasonal change.The 4-week average will mostly move sideways until the summer travel season. We will likely see a hit to occupancy during the summer months due to less international tourism.
From STR: U.S. hotel results for week ending 3 May
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 3 May. ...The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.
27 April through 3 May 2025 (percentage change from comparable week in 2024):
• Occupancy: 65.8% (+1.8%)
• Average daily rate (ADR): US$164.33 (+2.2%)
• Revenue per available room (RevPAR): US$108.06 (+4.1%)
Performance growth was lifted early in the week on the positive side of the Passover calendar shift.
emphasis added
Click on graph for larger image.The red line is for 2025, blue is the median, and dashed light blue is for 2024. Dashed purple is for 2018, the record year for hotel occupancy.
The 4-week average of the occupancy rate is tracking below both last year and is close to the median rate for the period 2000 through 2024 (Blue).
Note: Y-axis doesn't start at zero to better show the seasonal change.
The 4-week average will mostly move sideways until the summer travel season. We will likely see a hit to occupancy during the summer months due to less international tourism.
