January-March 2019 TMD Lodging Performace

TMD Hotels enjoyed strong performance for the first quarter of 2019, recording the following lodging metrics for January – March:

Occupancy: TMD hotels saw an average occupancy rate of 79.4%, up 0.1% from Q1 2018 (79.3%). Room nights sold (demand) increased by 0.5% year-over-year to 2.5 million.

ADR: TMD hotels saw an Average Daily Rate of $189.18, down 2.3% from Q1 2018 ($193.64).

RevPar: TMD hotels saw a RevPAR of $150.18, down 2.2% from Q1 2018 ($153.50).

Source: STR