TMD Lodging Metrics through Q1 2025

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