STAYHotel Dive · 1d ago
US hotels saw 11% RevPAR uptick in September, highest increase since 2023: CoStar
Executive Brief
The 30-second read
U.S. hotel revenue per available room increased by 11% in September, marking the highest growth rate since 2023. This performance was driven by a significant rebound in corporate group demand alongside favorable holiday calendar shifts.
- 01September RevPAR growth reached its peak level for the first time since 2023
- 02Corporate group demand showed a measurable rebound compared to previous periods
- 03Healthy leisure demand and holiday calendar timing contributed to overall sector gains
- 04The 11% uptick indicates a strong recovery in hospitality performance metrics
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Hotels benefited from healthy leisure demand, favorable calendar holiday shifts and a rebound in corporate group demand during the month, per an analyst.