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U.S. Hotel Industry Witnesses Positive Growth in the Week Leading to 18th January 2025
The occupancy rate increased 6.7%, averaging at 55.8%. The Average Daily Rate (ADR) also rose by 10.0% to US$155.81, while the Revenue per Available Room (RevPAR) experienced a significant increase of 17.4%, averaging at US$86.93.
The occupancy rate increased 6.7%, averaging at 55.8%. The Average Daily Rate (ADR) also rose by 10.0% to US$155.81, while the Revenue per Available Room (RevPAR) experienced a significant increase of 17.4%, averaging at US$86.93.
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