U.S. hotel results for week ending 25 July
CoStar reported U.S. hotel performance for the week ending 25 July 2026, citing year-over-year changes. RevPAR rose 6.3% to $125.72, occupancy increased to 72.5% (+1.3%), and ADR rose 4.9% to $173.47. NYC led with ADR +28.1% and RevPAR +35.0%, while Las Vegas fell: occupancy -15.9%, ADR -5.4%, RevPAR -20.4%.
How this was made
The 30-second read
Why it matters
For traders, the main value is the directional read on lodging demand and rate environment, with notable event-driven regional effects. It does not provide new CoStar corporate information that would directly reprice CSGP.
Market read
Weekly lodging performance is positive overall (RevPAR +6.3% YoY), but regional dispersion is large and partly event-driven.
What to watch
The piece does not break out supply changes, rate mix, or booking lead times, so traders may overestimate persistence of the weekly trend.
Background
The article reports CoStar’s weekly U.S. hotel performance metrics (occupancy, ADR, RevPAR) through 25 July, including market-level moves for NYC, Philadelphia, and Las Vegas.
Ticker impact
CoStar data through 25 July shows U.S. hotel RevPAR up 6.3% and cites CoStar’s hospitality benchmarking sample.
Limited near-term impact on CSGP shares; any effect would be indirect via sentiment toward commercial real estate and travel demand.
No new CoStar guidance, earnings, contracts, or regulatory items are disclosed. The numbers are descriptive of the hotel market and are unlikely to change CSGP fundamentals immediately.
Market effects
Signals continued improvement in U.S. hotel demand metrics (occupancy, ADR, RevPAR), which can support sentiment for lodging REITs and travel-related equities.
NYC strength is attributed to the World Cup final; Las Vegas weakness is attributed to tough year-ago comparisons tied to major concerts.
Primarily U.S.-focused hospitality read-through; limited direct global implications beyond travel-demand sentiment.
Counterpoint
RevPAR growth may be driven by event-driven comps (World Cup, concerts) rather than durable underlying demand, reducing the signal for broader lodging fundamentals.
Key entities
- companyCoStar Group, Inc.
Provider of commercial real estate information and hospitality benchmarking; publishes the hotel performance data cited in the article.
- regionNew York City
Top market in the sample, with ADR and RevPAR gains attributed to the World Cup final night.
- regionLas Vegas
Weakest market in the sample, with declines attributed to difficult year-ago comparisons tied to major concerts.
