financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel RevPAR Rises 16% YoY on Labor Day Lift
U.S. hotel performance showed mixed week-over-week trends but strong year-over-year growth for the week ending Sept. 5, boosted by the Labor Day calendar shift. While weekly occupancy slipped to 63%, RevPAR climbed 16.1% compared to the same period last year.
Key Takeaways
- 1U.S. RevPAR jumped 16.1% YoY to $100.31, while occupancy dipped slightly week over week to 63%.
- 2Minneapolis led top 25 markets with occupancy rising 23.2% and RevPAR surging 35.7%.
- 3Las Vegas achieved the highest ADR gain, climbing 24.8% YoY to $202.85.
Source: asianhospitality.com
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