The week’s print
CoStar’s weekly print for the week ending 12 September 2026 puts U.S. hotel occupancy at 62.3 percent, average daily rate at USD 160.57 and revenue per available room at USD 100.08. The three moves are down 4.6 percent, down 1.7 percent and down 6.2 percent against the comparable week of 2025.
The same release states the industry had recorded 21 consecutive weeks of performance growth before this week. CoStar dates the release 17 September 2026 from Arlington, Virginia.
The calendar moved the comparison base
CoStar attributes the declines to the Labor Day calendar shift. The comparable 2025 week held no Labor Day holiday, so the 2026 week lost the mid-week demand its comparison week carried. CoStar states the declines concentrated from Monday through Wednesday.
The market extremes
New York City reported the largest gains across all three metrics. Occupancy rose 4.1 percent to 91.8 percent, rate rose 7.1 percent to USD 435.43 and RevPAR rose 11.5 percent to USD 399.60.
Las Vegas reported the steepest declines in rate and RevPAR. Rate fell 20.2 percent to USD 149.68, and RevPAR fell 32.8 percent to USD 97.55. Minneapolis posted the largest occupancy drop among the top 25 markets, down 17.0 percent to 57.8 percent.
What the day-use desk takes from it
The decline sits in the Monday-to-Wednesday window. That window carries the daytime blocks a day-use desk sells. hotelSlots books four blocks: Morning 6AM to 12PM, Afternoon 12PM to 6PM, Evening 6PM to 12AM and Overnight 12AM to 6AM.
A day-use rate comes off the hotel’s own nightly rate. hotelSlots publishes a band of 30 to 75 percent below the nightly rate at the same hotel, and its day-use page publishes 40 to 60 percent below an overnight stay. Applied to the October city average of USD 134, the wider band runs from about USD 34 to about USD 94, and the narrower band runs from about USD 54 to about USD 80. The week’s average daily rate moved down 1.7 percent, and a day rate held at a fixed share of the nightly rate moves with it.
Indianapolis carries a published figure for each product. Dayuse publishes an average price of USD 87.43 for a day room in the city. Engine publishes a USD 128 average nightly rate for Indianapolis across 1.2 million public rate observations from May 2024 to April 2026, with October at USD 134. Engine states those are par rates, the cheapest publicly available price at the time of each search.
What the print does not carry
The release carries no day-of-week split beyond the Monday-to-Wednesday range, no chain-scale split and no day-use or hourly line. It carries no forward booking pace for the fourth quarter.