TMD Lodging Metrics through 2024
Occupancy: TMD hotels recorded an average occupancy rate of 73.5% in CY 2024, down 0.7%% from CY 2023.
ADR: TMD hotels saw an Average Daily Rate of $203.09 in CY 2024, down 2.1% % from CY 2023.
RevPar: TMD hotels saw RevPAR reach $149.34, down 2.8% from CY 2023.
Room nights sold (demand) increased 0.6% to 10.09 million room nights compared to CY 2023.
Source: STR
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