U.S. hotel results for week ending June 22

The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year-over-year (YOY), according to CoStar’s latest data through June 22.

June 16-22 (percentage change from comparable week in 2023):

Occupancy: 69.5% (-2.5%)
ADR: $159.88 (+0.1%)
RevPAR: $111.17 (-2.3%)

Among the top 25 markets, Seattle saw the highest YOY increases in occupancy (+11.1% to 84.9%) and RevPAR (+16.8% to $179.47).

Philadelphia posted the largest lift in ADR (+6.5% to $170.10).

The steepest RevPAR declines were seen in San Francisco (-24.0% to $111.18) and New Orleans (-21.8% to $68.40).

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