Revenue per available room (RevPAR) is a metric used in the hospitality industry to measure hotel performance. The measurement is calculated by multiplying a hotel's average daily room rate (ADR) by its occupancy rate. In 2022, the RevPAR of the United States hotel industry was forecast to reach 92 U.S. dollars. By 2024, that figure was forecast to increase to 103 U.S. dollars.
Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024
(in U.S. dollars)
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Hospitality Net. (June 7, 2022). Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/
Hospitality Net. "Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024 (in U.S. dollars)." Chart. June 7, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/
Hospitality Net. (2022). Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/
Hospitality Net. "Forecast Revenue per Available Room (Revpar) of Hotel Industry in The United States from 2022 to 2024 (in U.S. Dollars)." Statista, Statista Inc., 7 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/
Hospitality Net, Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/ (last visited November 10, 2024)
Forecast revenue per available room (RevPAR) of hotel industry in the United States from 2022 to 2024 (in U.S. dollars) [Graph], Hospitality Net, June 7, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1318045/revpar-forecast-hotels-us/
