Tag: RevPAR
Choice’s Upscale Brands Reach RevPAR Index Share Gains Over 2019
ROCKVILLE, Maryland—Choice Hotels International, Inc.'s upscale brands—the Ascend Hotel Collection and Cambria Hotels—reached domestic systemwide RevPAR index share gains versus its local competitors in...
Uneven Recovery: STR and Tourism Economics Slightly Upgrade U.S. Hotel Forecast
LOS ANGELES — Underpinned by continued strengthening in average daily rate (ADR), STR and Tourism Economics have slightly upgraded the U.S. hotel forecast, just...
U.S. Hotel Industry Reached 83.2 Percent of Pre-Pandemic RevPAR in 2021
HENDERSONVILLE, Tennessee—With improved performance as 2021 progressed, the U.S. hotel industry reported total-year revenue per available room (RevPAR) that was 83.2 percent of the...
Los Angeles Hotel Rates to Reach Second-Highest Super Bowl Level
BROOMFIELD, Colorado—Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels...
CBRE Forecasts RevPAR to Recover by Mid-2023
DALLAS—According to CBRE, ADR gains and a 35.1 percent year-over-year increase in hotel occupancy in Q3 2021 showed that demand for U.S. hotel stays...