In Brief: U.S. hotel RevPAR rose 9.7% year over year for the week ending Oct. 31, with Tampa and New Orleans posting notable gains.
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Tampa posted the largest occupancy increase among the Top 25 U.S. hotel markets, rising 15.9% to 69.5%. – Image Credit Unsplash
The U.S. hotel industry recorded year-over-year growth during the week of Oct. 25-31, according to CoStar.
National hotel occupancy reached 61.8%, up 4.3% from the comparable week in 2025. Average daily rate increased 5.2% to US$164.95, while revenue per available room rose 9.7% to US$101.88.
Tampa posted the largest occupancy increase among the Top 25 U.S. hotel markets, rising 15.9% to 69.5%. The market also recorded the second-largest RevPAR gain, up 25.4% to US$114.31. Performance was helped by the World Series.
New Orleans led the Top 25 markets in average daily rate and RevPAR growth. ADR increased 16.2% to US$196.08, while RevPAR rose 32.2% to US$137.86. Several conferences at the beginning of the week helped performance.
Overall, 20 of the Top 25 U.S. hotel markets reported year-over-year RevPAR growth during the period.