The U.S. hotel industry reported negative year-over-year (YOY) comparisons for the week ending Jan. 11, according to CoStar data. The performance was impacted by shifts in the Martin Luther King Day and group/conference calendars, as well as various weather events, including the Los Angeles fires and winter storm Cora.

Jan. 5-11 (percentage change from comparable week in 2024):

Occupancy: 49.2% (-7.7%)
ADR:$144.03 (-5.9%)
RevPAR: $70.92 (-13.2%)

Among the top 25 markets, Tampa reported the largest gains in each of the three key performance metrics: occupancy (+18.2% to 79.1%), ADR (+7.6% to $178.42) and RevPAR (+27.2% to $141.20).

Of note, Los Angeles saw the second-highest increases in occupancy (+5.7% to 65%) and RevPAR (+8.6% to $122.63), due to displacement demand from the fires.

The steepest RevPAR decline was reported in San Francisco (-78.1% to $85.89), due to the J.P. Morgan Healthcare Conference calendar shift.

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