Boston Hotel Trends Report - October and November 2017
Greater Boston hotels reported increased RevPAR results for October 2017. The 97 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 89.0 percent occupancy at a $269.09 average daily rate (ADR) with a resulting $239.56 revenue per available room (RevPAR). These performance levels represented a 3.9 percent increase in occupancy, a 3.8 percent increase in ADR, and an overall 7.8 percent increase in RevPAR for October 2017 as compared to October 2016.
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