In the week ending 23 August 2025, U.S. hotel revenue per available room (RevPAR) fell 1.3%, marking the third consecutive weekly decrease and 10th decline in the past 12 weeks. Occupancy drove the retreat, but average daily rate (ADR) also dipped (-0.2%). Like in the past several weeks, the aggregate Top 25 Markets were responsible for the RevPAR weakness (-3.8%). RevPAR in all other markets rose (+0.4%).
