financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotels Mark 20 Consecutive Weeks of RevPAR Growth
The U.S. hotel industry recorded its 20th straight week of year-over-year growth through late August, with RevPAR up 1.7% to $100.69 despite a holiday-related slowdown. San Francisco led performance surges behind major event demand, while New Orleans and New York saw event-comparison declines.
Key Takeaways
- 1U.S. RevPAR rose 1.7% to $100.69, driven by small gains in occupancy (up 1.1%) and ADR (up 0.6%).
- 2San Francisco led top markets with a 59.9% RevPAR surge driven by the Pokémon World Championships.
- 3New Orleans saw RevPAR drop 18.4% and New York ADR fell 12.3% due to tough event comparisons.
Source: Lodging Magazine
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