US Hotel Room Revenue Rises 12.9% for Third Consecutive Week
The RevPAR metric for revenue per available room at U.S. hotels rose 12.9% year-over-year to $115.84 in the week ending October 3, driven by the calendar shift of Yom Kippur.
The U.S. hotel sector recorded positive results for the third consecutive week, as the RevPAR metric rose 12.9% year-over-year to $115.84 in the week ending October 3, according to data from CoStar.
Occupancy rose 5.5% to 67.2%, while the average daily rate (ADR) grew 7% to $172.38, driven in part by the calendar shift of Yom Kippur compared to last year.
Orlando saw the largest occupancy increase among the top 25 markets, growing 17.3% to 66%, while Miami recorded the highest ADR increase at 23.5% to $186.73 and the largest RevPAR gain of 43.3% to $123.25.
By contrast, Las Vegas was the only top 25 market to decline across all three key metrics, with occupancy falling 5.5% to 77.2%, ADR dropping 12.8% to $204.40, and RevPAR declining 17.6% to $157.78, due to comparison against the timing of the PACK EXPO trade show in 2025.
What Do These Terms Mean?
RevPAR: Revenue per available room, calculated by multiplying the average daily rate by the occupancy rate, serves as the most accurate measure of a hotel's performance.
Average Daily Rate (ADR): The average rate paid for a room per night, reflecting demand strength and a hotel's pricing power.
Occupancy Rate: The ratio of sold rooms to total available rooms, measuring how full the hotel is.
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