financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Dips to $101 as Calendar Shift Slows Growth
U.S. hotel performance fell week-over-week through August 29, with annual growth decelerating due to the Labor Day calendar shift. San Francisco led major markets with a 60 percent RevPAR surge, while New Orleans saw steep declines.
Key Takeaways
- 1U.S. RevPAR dropped week-over-week to $100.69, though it remained up 1.7% year-over-year.
- 2San Francisco led top markets with RevPAR up 59.9% to $191.87, fueled by an international event.
- 3New Orleans saw the steepest drops, with occupancy falling 14.9% to 40.6% due to festival timing shifts.
Source: asianhospitality.com
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