financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Dips to $101 Amid Calendar Shifts
U.S. hotel performance fell week over week due to the shifting Labor Day calendar, though all key metrics maintained modest year-over-year gains. San Francisco led major markets with substantial growth fueled by a major event, while New Orleans saw steep declines.
Key Takeaways
- 1U.S. weekly RevPAR dropped to $100.69 and occupancy fell to 64.1%, but metrics rose slightly year over year.
- 2San Francisco led top markets with a 59.9% RevPAR surge driven by the Pokémon World Championships.
- 3New Orleans saw the steepest drops, with RevPAR falling 18.4% against tough festival comparisons from 2023.
Source: asianhospitality.com
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