financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel RevPAR Climbs 8.2% in July
U.S. hotel RevPAR increased 8.2% year-over-year in July, driven by major event travel, a 5.7% rise in ADR, and strong performance in the luxury and group segments.
Key Takeaways
- 1July RevPAR rose 8.2% YOY, supported by a 5.7% lift in ADR and 2.3% higher occupancy.
- 2Luxury properties led performance with RevPAR up 17.7% and ADR surging 14.5%.
- 3Group RevPAR accelerated to 14% growth, while major brands like Hyatt and Marriott posted 10.9% and 9.5% RevPAR gains.
Source: asianhospitality.com
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