Overview
- For Nov. 9–15, U.S. occupancy fell 4.1% year over year to 60.9%, ADR slipped 0.5% to $154.41, and RevPAR declined 4.6% to $93.97.
- CoStar attributed the pullback primarily to the holiday timing change, which reduced group bookings across the country.
- New Orleans recorded the steepest declines among major markets, with occupancy down 23.9% to 59.4%, ADR down 9.6% to $174.13, and RevPAR down 31.2% to $103.42.
- Tampa also weakened, with occupancy down 19.7% to 70.0% and RevPAR down 25.0% to $115.66.
- CoStar noted that difficult comparisons from prior weather-related displacement, including 2024’s Hurricane Milton in Tampa, weighed on year-over-year results.