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US RevPAR
up 2.8% last week. After a rough week that saw RevPAR decline 4.2%, U.S. performance rebounded for March 16-22, according to CoStar data. Occupancy was 66% (+1.0%), ADR $165.48 (+1.8%) and RevPAR $109.22 (+2.8%). Among the top
25 markets, Anaheim saw the highest occupancy lift (+15.5% to 83.8%). Chicago reported the largest increases in ADR (+17.8% to $164.41) and RevPAR (+21.8% to $107.71). The steepest RevPAR declines were seen in Washington, D.C. (-17.8% to $133.35)
and Denver (-14.5% to $80). Patrick Scholes of Truist Securities noted that luxury RevPAR was significantly…
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