- US hotel RevPAR grew 7.2pc in the 18th consecutive positive week ending 8 August 2026.
- Philadelphia, Chicago, San Diego and Tampa led market performance with double-digit growth.
- Weekday business travel and corporate bookings accounted for 80pc of recent growth.
- Luxury and upper-upscale hotels outperform midscale and economy tiers significantly.
- The growth streak extended to a 19th week with 6.2pc RevPAR growth nationally.
US hotels have posted year-on-year gains in occupancy, average daily rate and revenue per available room for the week ending 15 August 2026, marking the 18th consecutive positive week according to CoStar data. National Revenue Per Available Room advanced 7.2pc year-over-year during the milestone week, with average daily rate increasing 4.1pc and occupancy settling at 70pc. The growth streak extended to a 19th week ending 15 August, with RevPAR rising 6.2pc nationally.
Philadelphia led performance with a 27.4pc RevPAR jump driven by group and conference demand, followed by Chicago at 23.8pc, San Diego at 22.8pc and Tampa at 17.5pc. San Diego’s boost came from the LPL Focus 2026 conference and major stadium concerts, while Tampa’s 11.7pc occupancy spike resulted from the DoDIIS Worldwide Conference. Sunday-through-Thursday room demand accounted for approximately 80pc of recent growth, indicating a rebound in transient business travel and mid-week corporate trips.
The upward trend stems from two primary factors: the recovery of weekday business travel and the resurgence of convention and large group bookings at upscale properties. Luxury and upper-upscale hotels capture the largest benefits, driving national averages upward while midscale and economy tiers experience flatter growth. This divided marketplace sees premium tiers maintaining pricing power and revenue growth while budget accommodations lag behind the headline figures.
