financeHospitalityNet··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Inches Up Despite Occupancy Dip
The U.S. hotel industry saw a fractional RevPAR increase of 0.4% as rising room rates compensated for post-Easter occupancy declines.
Key Takeaways
- 1Analyze the slight RevPAR growth of 0.4% driven by a 1.5% ADR increase despite a 1.1% dip in occupancy.
- 2Monitor Top 25 Markets closely as 17 experienced RevPAR declines, notably Las Vegas and Atlanta which saw drops exceeding 20%.
- 3Leverage regional demand spikes like Orlando's 7.5% occupancy growth to offset post-holiday lulls in business and convention travel.
Source: HospitalityNet
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