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U.S. Hotel RevPAR Surges 12.6% on Strong ADR and Demand
financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor

U.S. Hotel RevPAR Surges 12.6% on Strong ADR and Demand

U.S. hotel performance posted solid year-over-year growth through late October, driven by strong average daily rate gains and major convention activity. Chicago led top-market performance with RevPAR jumping nearly 40 percent.

Key Takeaways

  1. 1U.S. RevPAR rose 12.6% to $125.31, bolstered by a 7.4% lift in ADR to $179.55.
  2. 2Chicago posted the highest ADR and RevPAR gains, up 26.4% and 39.7% respectively, aided by PACK EXPO.
  3. 3Oahu posted the steepest declines in occupancy (down 10.2%) and RevPAR (down 10.7%).

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Source: Lodging Magazine

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Our reporting

OriginalUS RevPAR Dips to $100.69 as Labor Day Shift Slows GainsWritten from 2 sources
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