Lodging metrics for TMD Hotels for Calendar Year 2020
Occupancy: TMD hotels recorded an average occupancy rate of 43.9%, down -46.4% from the same time period last year (81.9%).ADR: TMD hotels saw an Average Daily Rate of $151.16, down -21.5% from the same time period last year ($192.44).RevPar: TMD hotels saw RevPAR reach $66.42, down -57.9% from the same time period last year ($157.70).Room nights sold (demand) decreased -50.9% to 5.26 million compared to the same time period last year (10.7m).Source: STR