Boston Hotel Trends Report - March 2018
Greater Boston hotels reported positive RevPAR results for March 2018. The 86 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 77.8 percent occupancy at a $201.56 average daily rate (ADR) with a resulting $156.83 revenue per available room (RevPAR). These performance levels represented a 4.3 percent increase in occupancy, a 0.5 percent decrease in ADR, and an overall 3.8 percent increase in RevPAR for March 2018 as compared to March 2017.
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