Source: Hotel News Now
November 20, 2018
The U.S. hotel industry reported positive results in the three key performance metrics during October 2018, according to data from STR.
In a year-over-year comparison with October 2017, the industry posted the following:
- Occupancy: +0.8% to 69.9%
- Average daily rate (ADR): +2.7% to US$133.81
- Revenue per available room (RevPAR): +3.5% to US$93.55
