TMD Lodging Metrics through Q1 2025
Occupancy: TMD hotels recorded an average occupancy rate of 69.9% YTD, down 0.4% from the same time period last year (70.2%).
ADR: TMD hotels saw an Average Daily Rate of $202.24 YTD, up 0.3% from the same time period last year ($201.59).
RevPar: TMD hotels saw RevPAR reach $141.46 YTD, down 0.1% from the same time period last year ($141.61).
Room nights sold (demand) decreased 0.5% to 2.36 million room nights compared to the same time period last year (2.37 million room nights).
Source: STR
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