Lodging Metrics For TMD Hotels Thru Q1 2021

Occupancy: TMD hotels recorded an average occupancy rate of 43.2%, down -34.2% from the same time period last year (65.7%).ADR: TMD hotels saw an Average Daily Rate of $123.06, down -32.9% from the same time period last year ($183.38).RevPar: TMD hotels saw RevPAR reach $53.18, down -55.9% from the same time period last year ($120.48).Room nights sold (demand) decreased -42.0% to 1.23 million compared to the same time period last year (2.12 million).Source: STR