Tag: RevPAR
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...
STR, TE Update Forecast: U.S. Hotel Demand and ADR Will Near Full Recovery in...
NEW YORK — U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according...
STR: July 2021 Reported Nominal Highs in ADR and RevPAR
HENDERSONVILLE, Tennessee—In July 2021, the U.S. hotel industry reported all-time monthly highs in average daily rate (ADR) and revenue per available room (RevPAR) on...
STR: U.S. Hotel Occupancy and ADR Dipped Slightly
HENDERSONVILLE, Tennessee—STR's latest data through August 14, 2021, shows that U.S. hotel occupancy and average daily rate (ADR) dipped from previous weeks.
U.S. Hotel Performance
August...
STR: U.S. Room Rates Reach an All-Time High
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy reached its highest level since October 2019, and U.S. room rates hit an all-time high, according to STR's latest...