U.S. Hotel RevPAR Climbs 5.5% as Detroit Outperforms
U.S. hotel performance saw annual gains for the week ending Oct. 17, with RevPAR rising 5.5% year over year despite minor week-over-week declines. Detroit led all major markets in occupancy and RevPAR growth, while San Francisco faced sharp drops due to shifting event calendars.
Key Takeaways
- 1National RevPAR rose 5.5% year over year to $125.53, while occupancy reached 70.7%.
- 2Detroit led top 25 markets with RevPAR up 20% to $108.85, driven by The Battery Show.
- 3San Francisco saw the steepest drops, with RevPAR falling 21.2% due to Dreamforce timing shifts.
Source: asianhospitality.com
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