U.S. Hotel Performance Falls, Anticipated From Holidays

December 2023 U.S. hotel performance

WASHINGTON—As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through Dec. 23, 2023.

U.S. Hotel Performance

December 17-23, 2023

Percentage change from comparable week in 2022:
Occupancy: 43.9 percent (up 0.5 percent)
ADR: $131.97 (down 0.9 percent)
RevPAR: $57.90 (down 0.4 percent)

Among the Top 25 Markets, Boston saw the largest year-over-year increases in occupancy (up 21.5 percent to 46.2 percent) and RevPAR (up 23.1 percent to $65.68).

Anaheim posted the highest ADR lift (up 14.7 percent to $190.86).

Denver (down 11.7 percent to $47.25) and San Francisco (down 11.7 percent to $58.63) matched for the steepest RevPAR declines.

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