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U.S. Hotel Industry Records Mixed Results during the First Week of March 2025
The reported occupancy rate was 62.4%, showing a minor dip of 1.4% from the same week in 2024. The average daily rate (ADR), however, increased by 2.1% to reach $160.53, while revenue per available room (RevPAR) also saw a slight increase of 0.6%, amounting to $100.11.
The reported occupancy rate was 62.4%, showing a minor dip of 1.4% from the same week in 2024. The average daily rate (ADR), however, increased by 2.1% to reach $160.53, while revenue per available room (RevPAR) also saw a slight increase of 0.6%, amounting to $100.11.
