Boston Hotel Trends Report - Q3 2018
Greater Boston hotels reported decreased RevPAR results for July 2018. The 150 hotel operators in the CBRE Hotels Trends® in the Hotel Industry sample for the greater Boston area achieved an average 85.3 percent occupancy at a $225.77 average daily rate (ADR) with a resulting $192.66 revenue per available room (RevPAR). These performance levels represented a 0.7 percent decrease in occupancy, a 0.3 percent increase in ADR, and an overall 0.4 percent decrease in RevPAR for July 2018 as compared to July 2017.
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