U.S. hotel performance surged for the week ending September 19, driven by record-breaking national ADR and double-digit RevPAR growth. Major convention activity propelled standout gains in key urban markets like Chicago and Washington, D.C.
Key Takeaways
1National weekly ADR reached an all-time record of $179.30, up 5.7% year-over-year.
2RevPAR increased 10.4% to $127.43, with 21 of the top 25 markets posting lifts.
3Chicago led major markets with RevPAR surging 41.8%, aided by major event demand.
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