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Hotel industry slowdown affects top 25 US markets unevenly

The number of large markets showing growth in revenue per available room has dropped to just over 50%
CoStar Analytics
October 3, 2025 | 12:49 P.M.

The U.S. hospitality industry’s post-pandemic recovery has entered a new phase, as growth in revenue per available room, or RevPAR, across the top 25 hotel markets continues to slow.

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