Featuredfinanceasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel RevPAR Rises 16% Year Over Year
U.S. hotel performance saw mixed week-over-week results but experienced strong year-over-year growth, driven partly by the Labor Day calendar shift. RevPAR climbed 16.1% compared to the same period last year, with Minneapolis leading major market gains.
Key Takeaways
- 1U.S. RevPAR reached $100.31, up 16.1% YoY, despite a minor weekly dip.
- 2Minneapolis led top markets with RevPAR surging 35.7% to $87.52.
- 3Las Vegas achieved the highest ADR growth, climbing 24.8% to $202.85.
Source: asianhospitality.com
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