financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Climbs 4.4% in 19th Week of Growth
The U.S. hotel industry recorded its 19th consecutive week of year-over-year gains through August 22, driven by steady increases across occupancy, ADR, and RevPAR. San Francisco and St. Louis led major market performance, while Las Vegas and New York City saw notable declines.
Key Takeaways
- 1National RevPAR rose 4.4% to $106.12, supported by a 2.1% lift in occupancy and a 2.3% ADR increase.
- 2San Francisco led top markets with a 26% RevPAR jump, while St. Louis saw an 11.4% ADR lift boosted by the BMW Championship.
- 3Las Vegas suffered the largest drops in occupancy (-17.4%) and RevPAR (-20%), and New York City posted the steepest ADR decline (-6.8%).
Source: Lodging Magazine
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