TMD Lodging Metrics through Q3 2025
Occupancy: TMD hotels recorded an average occupancy rate of 73.2% YTD, down 1.2% from the same time period last year).
ADR: TMD hotels saw an Average Daily Rate of $203.69 YTD, down 1.2% from the same time period last year ($206.16).
RevPar: TMD hotels saw RevPAR reach $149.05 YTD, down 2.4% from the same time period last year ($152.72).
Room nights sold (demand) decreased 0.5% to 7.366 million room nights compared to the same time period last year (7.448 million room nights). (Down 81,938 rooms)
Source: STR
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