Despite the negative impact from Miami, weekdays showed better performance with RevPAR increasing 2.7%, driven by ADR (+2.7%) as occupancy was flat to last year. The weekend and shoulder periods produced declines in both occupancy and ADR, resulting in RevPAR declines of -3.3% and -3.1%, respectively.
Weekday performance in the Top 25 Markets was similar to the industry overall. However, the decrease in weekend RevPAR (-5.2%) was much worse than in the remaining markets (-0.7%) due to the…
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