News Summary

• The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 4 October.
• Tampa reported the largest declines in occupancy (-30.0% to 57.9%) and RevPAR (-35.5% to US$81.84).
• Miami registered the steepest drop in ADR (-8.1% toUS$150.78).Las Vegas reported the highest increases in each of the three key performance metrics: occupancy (+8.7% to 81.7%) and ADR (+37.1%.