Highlights
- Weekdays in the U.S. Top 25 Markets lifted an otherwise tepid week.
- All U.S. chain scales benefited from the strong weekdays, Economy RevPAR still fell.
- Global RevPAR continued to grow, driven by ADR while occupancy cools.
- Taylor Swift’s Eras Tour will make a splash throughout Europe this summer.
Weekdays in the Top 25 Markets are still driving RevPAR
Recent growth in U.S. revenue per available room (RevPAR) paused, with a small increase (+0.3%) year over year (YoY) driven by a 0.9% lift in average daily rate (ADR). That gain was offset by an occupancy…
