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PKF Boston

Accountants and business advisers

Boston Hotel Trends Report - August and September 2017

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Boston Hotel Trends Report - August and September 2017

Greater Boston hotels reported decreased RevPAR results for August 2017. The 97 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 85.9 percent occupancy at a $227.60 average daily rate (ADR) with a resulting $195.59 revenue per available room (RevPAR). These performance levels represented a 1.9 percent decrease in occupancy, a 1.1 percent increase in ADR, and an overall 0.8 percent decrease in RevPAR for August 2017 as compared to August 2016.

For more information on this publication, contact Amanda Wolfe at awolfe@pkfboston.com.

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