In Brief: St. Louis led the top 25 markets in occupancy and revenue per available room growth, while Miami posted the largest increase in average daily rate.
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Miami recorded the largest average daily rate increase among the major markets, with rates rising 11.6% to $245.59. – Image Credit Unsplash
The U.S. hotel industry recorded year-over-year gains in occupancy, room rates and revenue during the week of Nov. 1-7, 2026, according to CoStar.
Occupancy rose 1.4% to 65.1%, while the average daily rate increased 3.2% to $168.35. Revenue per available room climbed 4.7% to $109.55.
Fifteen of the top 25 markets reported higher revenue per available room. Markets outside that group drove national performance, posting a combined increase of 7.1%.
Among the top 25 markets, St. Louis posted the largest gains in both occupancy and revenue per available room. Occupancy increased 7.5% to 68.5%, while revenue per available room rose 18.6% to $97.73. The city hosted the 18th Church of God in Christ International Holy Convocation during the period.
Miami recorded the largest average daily rate increase among the major markets, with rates rising 11.6% to $245.59.