U.S. hotel results came in lower than the previous week but showed improved comparisons with 2019 according to STR‘s latest data.
US hotel performance looking better by the week
U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis.
U.S. hotel profitability stalled in September
The U.S. hotel industry reported the third consecutive month with single-digit profitability.
U.S. hotel RevPAR forecasted to flatten
For the first time since 2009, the U.S. hotel industry is projected for a non-growth year in RevPAR, according to STR