CoStar, Tourism Economics Again Downgrade U.S. Hotel Forecast

ARLINGTON, Virginia—CoStar and Tourism Economics further downgraded performance projections in the final U.S. hotel forecast revision of 2025. For 2025, occupancy was lowered 0.2 percentage points to 62.3 percent, while average daily rate (ADR) was maintained at +0.8 percent for the year. Revenue per available room (RevPAR) was downgraded 0.3 percentage points to -0.4 percent. The last total-year RevPAR declines in the United States occurred in 2020 and 2009. Similar adjustments were made for 2026: […]

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