U.S. hotel occupancy decreased 3.6% to 64.2% during the week of 10-16 November. ADR dipped 0.6% to $129.96 and RevPAR dropped 4.2% to $81.49.
The Q3 Outlook projects a challenging U.S. group business market over the next two years, particularly in late 2020 and Q1 of 2021. Hoteliers can draw on these findings as they adjust their group sales and marketing strategies to attract business during a potential slowdown.
During the week of 10-16 November, Canadian hotel occupancy fell 4.2% to 60%, and while ADR rose 0.5% to 148.96 Canadian dollars ($111.85), RevPAR decreased 3.7% to CA$89.37 ($67.10).
Chile's hotel occupancy has suffered in light of ongoing protests, October STR data shows.
This article is excerpted from The 2019 Smart Decision Guide to Hospitality Revenue Management, which is currently available for complimentary access.
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U.S. hotel occupancy dipped 0.8% to 69.3% in October, and coupled with a 0.5% ADR decline to $133.34, RevPAR decreased 1.2% to $92.35.