STR: Summer revPAR will climb 5.7%

Robust rate increases will drive hotels' revenue per available room up 5.7% this summer, STR predicted. RevPAR will hit a record $73.59 for June, July and August, STR said, on a 3.9% rise in average daily rate from year-ago figures. STR also predicted an increase of 1.8 percentage points in occupancy for the same period.

View Full Article in:

U.S. hotels predicted to set record for summer room revenue - Travel Weekly - Travel Weekly

Published in Brief: