financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel ADR Hits Record High as RevPAR Jumps 10.4%
U.S. hotel performance surged for the week ending Sept. 19, driven by major market events that pushed national ADR to a record weekly high of $179.30.
Key Takeaways
- 1National occupancy reached 71.1%, while ADR hit a record $179.30 and RevPAR rose 10.4% year-over-year to $127.43.
- 2Chicago led top 25 markets with ADR up 28.2% and RevPAR up 41.8%, boosted by the IMTS trade show.
- 3RevPAR increased in 21 of the top 25 markets, with Washington, D.C. reporting the highest occupancy gain at 82.3%.
Source: asianhospitality.com
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