US Hotel RevPAR Climbs 9.7% YoY Despite Weekly Drop
U.S. hotel performance fell week over week but posted solid year-over-year growth for the week ending Oct. 31, with RevPAR up 9.7% nationally. Gains were led by major event-driven markets including Tampa and New Orleans.
Key Takeaways
1National RevPAR rose 9.7% year over year to $101.88, despite a weekly drop from $125.31.
2RevPAR increased year over year in 20 of the top 25 U.S. hotel markets.
3New Orleans led RevPAR growth (+32.2%) via conferences, while Tampa surged (+25.4%) on World Series demand.
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