U.S. Hotel Performance for Week Ending 11th November, 2023



Dallas skyline - Unsplash
  Dallas reported the largest increases in ADR (+12.6% to US$136.34) and RevPAR (+22.3% to US$101.84).

U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through 11 November.

5-11 November 2023 (percentage change from comparable week in 2022):

  • Occupancy: 64.8% (+0.8%)
  • Average daily rate (ADR): US$156.01 (+4.0%)
  • Revenue per available room (RevPAR): US$101.13 (+4.9%)

Among the Top 25 Markets, Denver saw the largest year-over-year occupancy lift (+9.0% to 69.3%).  

Dallas reported the largest increases in ADR (+12.6% to US$136.34) and RevPAR (+22.3% to US$101.84).

The steepest RevPAR declines were seen in New Orleans (-13.4% to US$117.26) and San Diego (-8.6% to US$138.29).

CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. For more information about the company and its products and services, please visit www.costargroup.com.


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