Reed Gizinski · hotel broker, Ruzicka Hotel Team at Marcus & Millichap
South Dakota
South Dakota hotels ran 56.10% occupancy at a $124.81 ADR over the last twelve months, RevPAR +2.35%.
South Dakota's hotel market for July 2026: how hotels performed, what sold, where rates stand and what is being built. For a closer look at a specific market or hotel, ask for a report.
Occupancy, trailing 12 months
56.10%
ADR, trailing 12 months
$124.81
RevPAR, trailing 12 months
$70.02
+2.35% year over year
Performance
Across every South Dakota hotel, the trailing twelve months averaged 56.10% occupancy, a $124.81 ADR and $70.02 RevPAR, with RevPAR +2.35% on the year before.
Scale
T-12 Occ
T-12 ADR
T-12 RevPAR
RevPAR, year over year
All hotels
56.10%
$124.81
$70.02
+2.35%
Luxury & Upper Upscale
62.94%
$184.35
$116.03
+6.33%
Upper Midscale
65.52%
$137.92
$90.36
+2.06%
Midscale & Economy
49.02%
$102.10
$50.05
+0.52%
ADR and RevPAR by scale, trailing 12 months
ADR
RevPAR
Source: STR, one-month reporting lag
ADR
RevPAR
All hotels
$124.81
$70.02
Luxury & Upper Upscale
$184.35
$116.03
Upper Midscale
$137.92
$90.36
Midscale & Economy
$102.10
$50.05
RevPAR change by scale
Source: STR, one-month reporting lag
Trailing 12 months
All hotels
2.35%
Luxury & Upper Upscale
6.33%
Upper Midscale
2.06%
Midscale & Economy
0.52%
Month by month, South Dakota RevPAR in 2026 against 2025, through June:
RevPAR by month, 2025 and 2026
2025
2026
values read from the CoStar chart in the original email
Source: CoStar, as of July 28, 2026
2025
2026
Jan
$37.2
$38.3
Feb
$43.9
$45.0
Mar
$49.9
$53.4
Apr
$48.3
$51.2
May
$67.0
$72.7
Jun
$103.5
$109.0
Jul
$105.9
Aug
$107.8
Sep
$87.3
Oct
$72.8
Nov
$50.0
Dec
$39.5
All figures are from STR and run a month behind. For a specific market or scale, reach out.
Sales
No hotel sales were reported in South Dakota this month.
Capital markets
Rate
As of August 3, 2026
Prime rate
6.75%
10-year Treasury
4.692%
5-year Treasury
4.403%
New developments
Another 12 hotels have been proposed. Call or email to learn more about any of them.
Tools
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