Revenue per available room in Washington, D.C., was up 21% year over year through October, the fastest growth this year among the top 25 markets. For comparison, RevPAR was up 9% for the top 25 markets in aggregate and up about 6% for the overall industry. Hotels in Washington have benefited from robust growth in both occupancy and average daily rates, up 9% and 11%, respectively.
Washington, DC, Leads US Top 25 Hotel Markets in Growth
Weekday Performance Has Improved Despite Little Change in Office Utilization
By Daryl Cronk
CoStar Analytics
November 30, 2023 | 8:14 P.M.
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