Lodging Metrics for TMD hotels for CY 2022
Occupancy: TMD hotels recorded an average occupancy rate of 73.1% in CY 2022, up 18.6% from the previous year (61.6%).
ADR: TMD hotels saw an Average Daily Rate of $207.07 in CY 2022, up 24.2% from the previous year ($166.71).
RevPar: TMD hotels saw RevPAR reach $151.28, up 47.3% from the same time period last year ($102.72).
Room nights sold (demand) increased 22.4% to 9.0 million room nights compared to the previous year (7.3m room nights).
Source: STR
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