U.S. Hotel Results for Week Ending 15 July

CoStar Group | July 20, 2023

WASHINGTON – July 20, 2023 – U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through 15 July. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 9-15 July 2023 (percentage change from comparable week in 2022): Occupancy: 72.0% (+0.1%) Average daily rate (ADR): US$159.98 (+1.5%) Revenue per available room (RevPAR): US$115.18 (+1.6%) Among the Top 25 Markets, San Francisco/San Mateo saw the highest year-over-year occupancy increase (+7.7% to 79.4%). Helped by ...