New Orleans hotels experienced significant revenue fluctuations during the week of February 8–14, 2026, as reported by STR/CoStar. Despite a remarkable RevPAR spike of 93.3% on Saturday, weekly RevPAR fell by 20.3% due to weak performance earlier in the week.
The data reveal substantial weekend strength thanks to Mardi Gras and Valentine’s Day, but the gains were undermined by substantial declines on Sunday and Monday, which saw an 82.9% drop. The final Mardi Gras weekend showed a recovery with an 82.5% RevPAR increase.
This extreme volatility poses challenges for hotel owners, lenders, and others in the hospitality sector who rely on stable revenue streams. The fluctuating RevPAR affects hotel EBITDA, debt servicing, and asset valuations, complicating business forecasts and operational planning.
New Orleans’ hotel market remains a focal point, particularly given the city’s reliance on tourism, events, and conventions. The combination of short-term demand spikes and long-term project pipelines further complicates the outlook for future hospitality developments.
Stakeholders in the convention and hotel sectors will need to keep a close eye on these trends to adjust their strategies accordingly, especially with the Convention Center Capital Improvement Plan influencing the market dynamics.
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