Boston Hotel Trends Report - April and May 2017
Greater Boston hotels reported mixed RevPAR results for April 2017. The 100 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 81.9 percent occupancy at a $244.05 average daily rate (ADR) with a resulting $199.81 revenue per available room (RevPAR). These performance levels represented a 2.2 percent decrease in occupancy, a 4.0 percent increase in ADR, and an overall 1.7 percent increase in RevPAR for April 2017 as compared to April 2016.
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