January-June 2019 TMD Lodging Performance

Lodging metrics for TMD Hotels for the first six months of 2019 (January – June) are in:

Occupancy: TMD hotels recorded an average occupancy rate of 81.5%, up 1.3% from the same time period last year (80.4%).

ADR: TMD hotels saw an Average Daily Rate of $192.01, down 1.2% from the same time period last year ($194.32).

RevPar: TMD hotels saw RevPAR reach $156.43, up 0.1% from the same time period last year ($156.31).

Room nights sold (demand) increased 1.4% to 5.23 million compared to the same time period last year (5.16m)

Source: STR