Particle.news
Download on the App Store
3 ARTICLES
·
8h ago

U.S. Hotels Slip in July as RevPAR Falls 1.1%, With Top Markets Holding Up

CoStar highlights uneven performance across markets, with strength in major destinations contrasted by softness in New Orleans and Phoenix.

Image
Image

Overview

  • July 2025 U.S. hotel results: RevPAR decreased 1.1% to $110.37, ADR was essentially flat at $161.90, and occupancy averaged 68.2%, down 1.0% year over year.
  • Top 25 markets continued to outperform broader U.S. areas on occupancy and rate, with New York City leading at 85.2% despite a slight year-over-year dip.
  • New Orleans and Phoenix posted the weakest July occupancy among reported markets at 53.9% and 55.3%, respectively.
  • For the week ending Aug. 23, U.S. occupancy was 65.4% (-1.1% year over year), ADR was $155.09 (-0.2%), and RevPAR was $101.38 (-1.3%).
  • Houston saw the steepest weekly declines due to tough comparisons after 2024’s post–Hurricane Beryl surge, while Chicago’s ADR fell 22.3% versus last year’s DNC-lifted levels.