Stellar TMD Lodging Performance in 2016

Frieze Los Angeles 2024
The results for calendar year 2016 are in: TMD Hotels outperformed L.A. County hotels, the top 25 U.S. markets and the total U.S. on all hotel metrics.Occupancy: In 2016, TMD hotels saw an average occupancy rate of 82.2%, up 1.5% from 2015.ADR: In 2016, TMD hotels saw an Average Daily Rate of $189.54, a $18.72 increase from 2015.RevPar: In 2016, TMD hotels saw a RevPAR of $155.80, an increase of 12.6% from 2015.