Hotel Statistics

2022-24 Month by Month Occupancy & ADR Comparison (with 2019 Benchmark)

Occupancy By Month   Jan  Feb  Mar Apr  May  Jun   Jul Aug   Sep  Oct Nov  Dec 
2023 Month End 53.4% 59.1% 74.3% 77% 83.9% 85.7% 85.2% 86% 86.4% 88.5% 73.9% 60.60%
2024 Month End 54.8% 65.1% 76.9% 81% 83.80% 87.20% 86.30% 85.2% 83% 88.3% 73.2% 61.96%
2025 Month End 54.3% 67.7% 75% 81.5%                

 

Average Daily Rate by Month  Jan Feb Mar Apr  May Jun Jul  Aug  Sep  Oct  Nov  Dec 
2023 Month End $186.38 $192.77 $249.02 $304.39 $334.28 $331.79 $301.21 $296.37 $339.93 $371.74 $276.32 $211.69
2024 Month End $189.49 $206.84 $254.78 $315.40 $335.37 $320.14 $310.3 $364.08 $364.08 $385.2 $268.96 $213.47
2025 Month End $194.66 $210.46 $262.19 $323.71                

Year End 2019 Hotel Statistics: 82.5% Occupancy | $261.31 ADR | $215.61 RevPAR

Year End 2023 Hotel Statistics: 76.4% Occupancy | $292.05 ADR | $223.03 RevPAR

Year End 2024 Hotel Statistics: 77.2% Occupancy | $293.08 | $232.49 Rev PAR
 

Source: Pinnacle Advisory Group