financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel RevPAR Climbs 6.5% Led by SF Surge
U.S. hotel performance continued its positive year-over-year momentum through early October, driven by strong group events and conventions. San Francisco and Chicago led major markets with double-digit RevPAR growth.
Key Takeaways
- 1National RevPAR rose 6.5% to $126.79, backed by a 4.1% lift in ADR and a 2.3% gain in occupancy.
- 2San Francisco posted the top gains across all metrics, with RevPAR up 31.1% during Tech Week and Fleet Week.
- 3Seventeen of the top 25 U.S. markets achieved year-over-year RevPAR increases.
Source: Lodging Magazine
Keep reading
Our reporting
More in finance