U.S. hotel revenue per available room dropped 0.7% in the week of Aug. 31 to Sept. 6. This was RevPAR’s 19th weekly drop this year and 12th in the past 16 weeks.
The U.S. Open Tennis Championships comes to Queens, New York, once a year, providing hoteliers in the greater New York City market with an annual shot to ace the end of the summer.
The U.S. hotel industry is made up of 691 submarkets. Each month some of the submarkets gain revenue per available room, or RevPAR, compared to the same month in the prior year. In a healthy environment, the ratio of submarkets gaining revenue is higher than the percentage of submarkets losing ground.
Two Southeast U.S. hotel markets are expected to see performance gains during the 2026 FIFA World Cup from June 11 to July 19, according to a CoStar forecast.
NASHVILLE, Tennessee — With economic and financial market conditions stymying both new hotel development and transactions, many hotel owners have focused on conversions to revamp their portfolios.
The comparison of the backward-looking average daily rate and the more forward-looking consumer price index component of “other lodging away from home,” are showing weakness.
Average rates for the group segment offer some support in driving revenues, despite demand patterns being more volatile, according to the latest CoStar data.
The U.S. hotel sector is facing an uptick in distress, with several high-profile properties in key markets changing hands through foreclosure, deed-in-lieu transfers and other lender-driven actions.
Florida’s hotel sector continued to perform well through July 2025. Revenue per available room, or RevPAR, a key metric of a hotel's revenue performance, has increased 3.5% year-to-date. The increase was largely fueled by a 3% gain in average daily rates.
U.S. hotel revenue per available room rose for the first time in three weeks from Aug. 24-30, but the 0.2% RevPAR increase was nothing to celebrate. Average daily rate rose 1%, driving the slight gain, while occupancy (-0.5 percentage points) was down for the 10th week in a row.
When Kevin Davis, Americas CEO at JLL Hotels & Hospitality, looks into his crystal ball — powered by the recently released U.S. Hotel Investment Trends report — he sees hotel transaction activity increasing in the coming months.
NASHVILLE, Tennessee — The near-term outlook for U.S. hotel industry performance is murkier than previously expected, highlighted by CoStar and Tourism Economics downgrading growth projections in a revised forecast released in early August.
NASHVILLE, Tennessee — Over the past few years, U.S. hoteliers have waited for demand to recover across all segments, but two of the biggest pain points are fewer international inbound visitors and slowing group demand.
International inbound travel to the United States has been declining for several months, as travelers dealt with the uncertainty resulting from tariff negotiations and tightened border security.
NASHVILLE, Tennessee — For years, short-term rentals have continued to pose a threat to hotel market share thanks to the rise in popularity for booking platforms such as Airbnb and VRBO.
Nashville entered 2025 following a challenging 2024, with hotel performance remaining subdued as supply continues to outpace demand growth. The city’s hotel inventory expanded from approximately 40,000 rooms in 2014 to nearly 60,000 rooms in 2024, representing a 50% increase in supply.
In the week of Aug. 17-23, U.S. hotel revenue per available room fell 1.3%, marking the third consecutive weekly decrease and 10th decline in the past 12 weeks.