Revenue per available room was up 3.9% year over year (to $90.17) for U.S. hotels in March, according to the latest data from HNN’s parent company, STR. That strong RevPAR performance was largely driven by a 3% increase in average daily rate, which was up to $131.56 for the month and marked the largest ADR increase since January 2017. Occupancy was up 0.9% to 68.5% for the month.
Miami/Hialeah, Florida, was the highest-performing market among the top 25 in March, with RevPAR up 18.2% to $235.70 and ADR up 15.2% to $268.22.
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