Despite declines, US hotels showed some encouraging signs in October

Comparisons to 2024 hurricanes more of a factor than government shutdown

U.S. hotel industry revenue per available room fell 0.9% in October, which was the fifth consecutive monthly decrease but the smallest of the declines during that span.

RevPAR has been flat to down for U.S. hotels since April. The most recent decline was driven by an occupancy decrease of 1.6 percentage points. That was the steepest of eight straight monthly occupancy declines in the U.S.

Average daily rate rose 1.5%, which was the best increase of the past six months but...

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RSK: Hotel revenue down slightly but not as bad as predicted. Government shutdown was not a major factor. A new term for you to absorb, RevPar...revenue per available room...