Lodging Metrics for TMD hotels for Q2 2022
Occupancy: TMD hotels recorded an average occupancy rate of 72.1%, up 35.7% from the same time period last year (53.2%).
ADR: TMD hotels saw an Average Daily Rate of $204.90, up 44.5% from the same time period last year ($141.80).
RevPar: TMD hotels saw RevPAR reach $147.80, up 96.1% from the same time period last year ($75.40).
Room nights sold (demand) increased 42.9% to 4.385 million compared to the same time period last year (3.069 million).
Source: STR