financeasianhospitality.com··1 min·For: Owner, Investor, Revenue, GM
Manhattan Hotel RevPAR Jumps 4.5% on Strong ADR
A 6.3% increase in ADR pushed Manhattan hotel RevPAR up 4.5% in the first half of 2026 despite a slight occupancy decline, according to PwC. Hotel transaction volume more than doubled to $934 million, driven by strong luxury performance and constrained supply.
Key Takeaways
- 1Manhattan RevPAR climbed 4.5% in H1 2026, driven by a 6.3% lift in ADR while occupancy dipped to 80.7%.
- 2Luxury properties outperformed other classes with 7.9% RevPAR growth, led by Midtown South's 7.1% increase.
- 3Transaction volume surged past $934 million, led by the $320 million sale of The Ritz-Carlton Central Park.
Source: asianhospitality.com
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