5 things to know about u.s. may performance data
TRANSCRIPT
FIVETHINGS TO KNOW
U.S. M A Y P E R F O R M A N C E D A T A
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For the first time this year, RevPAR grew LESS than 6%.
5.9%
The industry hit 5% ADR growth for the SECOND MONTH this year.
ADR % Change 5%
MAY 2015 broke the occupancy record for the month with
4RevPAR has INCREASED for 63 consecutive months.”
REVPAR
63
53
43
Demand was 1.9 million roomnights higher than last year, and supply was 1.6 million roomnights higher.
U . S . M A Y P E R F O R M A N C E D A T A
© 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards
The United States hotel industry reported the highest occupancy of any May on record, while annualized occupancy was still at 65%. That means all key performance indicators again set new records on an annual basis, according to an analysis from Jan Freitag, senior VP of Strategic Development at STR, the parent company of Hotel News Now.
67.5 %1
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