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© 2019 by Lodging Brokers Network

Lodging Brokers Network

One of California's most successful and respected brokerages for hotels, motels, resorts, lodges, boutique, and bed and breakfast inns

NEWS & UPDATES

Occupancy & Rates 2018

According to STR, 2018 U.S. Lodging Occupancy increased by 0.5%, and ADR increased by 2.4%, resulting in a 2.9% increase in Revenue per Available Room (RevPAR). Within California, 2018 Occupancy increased by 0.3%, and ADR increased by 3.6%, resulting in a 4.0% increase in Revenue per Available Room (RevPAR).

2019 Forecast

Source: STR/T...

On December 13th, STR and Hotel Brokers International presented hotel performance data trends as tracked by STR. Lodging Brokers Network attended the presentation and is a long term member of Hotel Brokers International. STR's 2017 forecast includes year to date data through October of 2017.

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