Boston Hotel Trends Report - January and February 2018
Greater Boston hotels reported increased RevPAR results for January 2018. The 90 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 62.0 percent occupancy at a $161.66 average daily rate (ADR) with a resulting $100.26 revenue per available room (RevPAR). These performance levels represented a 3.4 percent increase in occupancy, a 0.3 percent increase in ADR, and an overall 3.7 percent increase in RevPAR for January 2018 as compared to January 2017.
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