The U.S. hotel industry reported mixed year-over-year results through three key performance metrics for the week ending 5 January, according to data from STR, parent company of HNN. Occupancy decreased by 0.4% to 48.8%, but average daily rate grew by 5.6% to $130.69, resulting in revenue per available room growth of 5.2% to $63.79.
The Canadian hotel industry also reported mixed year-over-year results, according to STR data. Occupancy decreased by 2% to 43%, but ADR grew by 5.2% to 163.50 Canadian dollars ($122.81), which combined for RevPAR growth of 3.1% to CA$70.36 ($52.85).
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