financeHotel Business··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Climbs 1.7% in 20th Week of Gains
The U.S. hotel industry recorded its 20th consecutive week of year-over-year growth, driven by a 1.7% rise in RevPAR despite a calendar-shift slowdown. San Francisco led performance surges among top markets, while New Orleans experienced the steepest declines.
Key Takeaways
- 1U.S. RevPAR reached $100.69, lifted by a 1.1% gain in occupancy and a 0.6% increase in ADR.
- 2San Francisco RevPAR surged 59.9% to $191.87, boosted by the Pokémon World Championships.
- 3New Orleans saw the sharpest RevPAR drop (-18.4%), while New York posted a 12.3% drop in ADR.
Source: Hotel Business
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