ame-Property RevPAR was $164.25, an increase of 2.5% compared to the third quarter of 2018, as a result of a 140 basis point increase in occupancy and a 0.6% increase in ADR. continue reading →
At the Chain level, Average Daily Rate increased 6.0% and Revenue per Available Room decreased 0.5 percentage points compared to 3Q18, to $1,021 and $596, respectively. Chain occupancy in 3Q19 was 58.4%. continue reading →
The Baird/STR Hotel Stock Index increased 1.6% in September to 4,634. Year to date through the first nine months of 2019, the index was up 13.9%. continue reading →
Uniform Systems Of Accounts For The Lodging Industry (USALI)
The newly formed committee will update and expand the Uniform Systems of Accounts for the Lodging Industry (USALI) for US and International Financial Reporting Standards. continue reading →