2015 Was Another Record Breaking Year for TMD Hotels

Los Angeles International Airport
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Since the inception of the TMD in 2011, lodging metrics for TMD hotels have seen an increase YOY. The trend continued in 2015 with the following metrics:

Occupancy: TMD hotels saw a slight increase in occupancy in 2015 at 81.1% - up about .5% from 2014. This is an increase of 6.8% since the inception of the TMD in 2011.

ADR: The ADR increased from $156.56 in 2014 to $172.57 in 2015, an increase of 8.2%. ADR has increased $41.33 since the inception of the TMD in 2011.

RevPar: The RevPar for TMD hotels saw an increase of 8.6% from 2014, ending at $139.91 in 2015. This is an increase of $42.34 since the inception of the TMD in 2011.