financeHotel Business··1 min·For: Owner, Revenue, GM, Investor
US Hotel RevPAR Falls 6.2% as Labor Day Shifts
A holiday calendar shift broke a 21-week growth streak for U.S. hotels, with nationwide RevPAR dropping 6.2% despite strong gains in New York City.
Key Takeaways
- 1U.S. RevPAR dropped 6.2% to $100.08, driven by early-week Labor Day shift comparisons.
- 2New York City led top markets with RevPAR surging 11.5% and occupancy reaching 91.8%.
- 3Las Vegas posted the steepest declines, with RevPAR plummeting 32.8% to $97.55.
Source: Hotel Business
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