Average Daily Rate For A US HotelMay 29, 2011 10:53 am
US$ 103.23. And other facts:
“The U.S. hotel industry recorded an 11.6% revenue-per-available-room gain for the week ending 21 May 2011, according to data from STR.
The increase pushed RevPAR to US$67.52 for the week. The industry’s occupancy rose 6.2% to 65.4%, and its average daily rate increased 5.1% to US$103.23.
“The U.S. hotel industry reported its strongest weekly performance since early April,” said Steve Hood, senior VP at STR.
Note: ADR: Average Daily Rate, RevPAR: Revenue per Available Room.”