ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Sept. 27. U.S. Hotel PerformanceSeptember 21-September 27, 2025Percentage change from comparable week in 2024Occupancy: 65.6 percent (down 4.2 percent)ADR: $166.48 (down 2.5 percent)RevPAR: $109.15 (down 6.6 percent) Among the top 25 markets, Las Vegas reported the largest declines in each of the three key performance metrics: occupancy (down 23.0 percent to 66.1 percent), ADR (down 20.1 percent to $195.31), and […]

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