US revPAR expected to rise for next two years
Hotels in the US are expected to experience rising revPAR for the next two years. According to STR's latest forecasts, nationwide revPAR (or revenue per available room) will increase 2.5% in 2017, as rising ADR offsets a slight dip in occupancy. And similar trends are expected in 2018, when revPAR is forecast to increase 2.6%. These results mark a slight deceleration however; US revPAR grew more than 3% every year from 2010 to 2016.