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PKF Boston

Accountants and business advisers

Boston Hotel Trends Report - October and November 2017

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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.

For more information on this publication, contact Amanda Wolfe at awolfe@pkfboston.com.

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