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US Hotel RevPAR Jumps 12.6% YoY Despite Weekly Dip
Featuredfinanceasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor

US Hotel RevPAR Jumps 12.6% YoY Despite Weekly Dip

U.S. hotel performance saw mixed week-over-week trends but substantial year-over-year gains for the week ending Oct. 24, according to CoStar data. Chicago and Tampa led major market growth, powered by events like PACK EXPO International.

Key Takeaways

  1. 1U.S. RevPAR rose 12.6% year over year to $125.31, while ADR climbed 7.4% to $179.55.
  2. 2Chicago achieved the highest gains, with RevPAR surging 39.7% and ADR rising 26.4%.
  3. 3Tampa led occupancy growth up 14.8%, while Oahu saw the steepest declines in occupancy and RevPAR.

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Source: asianhospitality.com

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