The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26.

Oct. 20-26 (percentage change from comparable week in 2023):

Occupancy: 69.0% (+4.5%)
ADR:$168.69 (+4.6%)
RevPAR: $116.32 (+9.3%)

Among the top 25 markets, Tampa saw the largest occupancy lift (+28.1% to 84.2%), due to continued displacement demand from Hurricane Milton.

New Orleans saw the highest increases in ADR (+64.1% to $301.30) and RevPAR (+77.6% to $227.24). The market’s performance was driven by Taylor Swift’s Eras Tour.

The steepest RevPAR declines were seen in Las Vegas (-7.9% to $196.40) and Minneapolis (-6.5% to $86.31).

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