TMD Lodging Metrics thru Q2 2021

Occupancy: TMD hotels recorded an average occupancy rate of 53.2%, up +9.4% from the same time period last year (48.7%).ADR: TMD hotels saw an Average Daily Rate of $141.74, down -14.5% from the same time period last year ($165.74).RevPar: TMD hotels saw RevPAR reach $75.44, down -6.4% from the same time period last year ($80.64).Room nights sold (demand) increased +6.6% to 3.07 million compared to the same time period last year (2.89 million).Source: STR