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.
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