Back To Press Releases

U.S. hotel results for week ending 15 February

Comments 0

ARLINGTON, Va. 20 February 2025 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 15 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

9-15 February 2025 (percentage change from comparable week in 2024):

  • Occupancy: 60% (+1.2%)
  • Average daily rate (ADR): US$164.79 (+2.2%)
  • Revenue per available room (RevPAR): US$98.83 (+3.4%) 

Among the Top 25 Markets, Chicago saw the largest occupancy lift (+14.4% to 55.0%). 

New Orleans, host of Super Bowl LIX, reported the highest increases in ADR (+42.8% to US$314.37) and RevPAR (+33.5% to US$222.66). Occupancy, however, was down 6.5% to 70.8%, due to a comparison against Mardi Gras in 2024. 

Las Vegas, host of Super Bowl LVIII during the comparable week in 2024, saw the steepest performance declines: occupancy (-7.1% to 76.4%), ADR (-30.6% to US$202.10) and RevPAR (-35.5% to US$154.44). 

For more information about the company and its products and services, please visit www.costargroup.com.

Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 86,000 properties and 11 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Haley Luther
Senior Communications Manager – STR
(216) 278-0627
hluther@str.com

About CoStar Group, Inc. 
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, and online marketplaces. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands include STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 134 million average monthly unique visitors in the fourth quarter of 2024, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

0 Comments