Boston Hotel Trends Report - June and July 2017
Greater Boston hotels reported decreased RevPAR results for June 2017. The 98 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 87.4 percent occupancy at a $247.62 average daily rate (ADR) with a resulting $216.46 revenue per available room (RevPAR). These performance levels represented a 1.0 percent decrease in occupancy, a 0.2 percent increase in ADR, and an overall 0.7 percent decrease in RevPAR for June 2017 as compared to June 2016.
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