Boston Hotel Trends Report - December 2017
Greater Boston hotels reported increased RevPAR results for December 2017 as a result of increase in occupancies. The 97 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 60.5 percent occupancy at a $163.86 average daily rate (ADR) with a resulting $99.06 revenue per available room (RevPAR). These performance levels represented a 4.2 percent increase in occupancy, a 2.0 percent decrease in ADR, and an overall 2.1 percent increase in RevPAR for December 2017 as compared to December 2016.
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