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While Occupancy Dips, ADR, RevPAR Rise

Although U.S. hotel occupancy dipped slightly in the first quarter of 2016, the industry experienced healthy gains in both average daily rate and revenue per available room, according to data from STR. Compared with the first quarter of 2015, occupancy ...

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PwC: ADR Growth Lags, Despite Peak Occupancy Levels

PwC: ADR Growth Lags, Despite Peak Occupancy Levels

NEW YORK—An updated lodging forecast released today by PwC US expects revenue per available room (RevPAR) growth in 2015 to be driven more by occupancy than previously expected, as average daily rate (ADR) growth continues to look for a firm ...

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ADR Improves in Majority of Top North American Markets

ADR Improves in Majority of Top North American Markets

NEW YORK—As hoteliers prepare for the holiday season and head into the new year, hotels in major North American markets are experiencing a strong, improved ADR (average daily rate) performance, according to new data from TravelClick’s October 2015 North American ...

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Auction.com Report Shows Steady Gains for Hotel Sector

Auction.com Report Shows Steady Gains for Hotel Sector

Increases in occupancy and room rates are sustaining healthy revenue per available room (RevPAR) in the hospitality industry even as expansion shifts into a lower gear, according to Auction.com’s Q2 2015 Hotel Monitor report. The online real estate marketplace company ...

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Sizzling Summer Led by Leisure Travel Bookings

Sizzling Summer Led by Leisure Travel Bookings

NEW YORK—Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR), according to data from the July 2015 TravelClick North American Hospitality Review (NAHR). Strong rates and steady bookings are ...

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Strong RevPAR and ADR Growth Projected for 2015

Strong RevPAR and ADR Growth Projected for 2015

Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that will enhance the ability of hotel managers to control their operating expenses. First, the pace of ...

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