RevPAR up nationally, but local fluctuates

Oahu Island

Oahu Island, HI RevPAR percent change 13.9

Oahu Island, HI RevPAR percent change 13.9

 

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Nationwide revenue per available room may be trending positively across the industry, but what about in individual markets? As of October, the best RevPAR performers year to date were Long Island, N.Y., Oahu Island, Hawaii, and San Jose-Santa Cruz, Calif., according to STR. On the flip side, the worst performing markets were North Dakota, Louisiana North and Pennsylvania area. Despite uneven markets, nationwide RevPAR year to date in October was the highest in industry history, coming in at $71, or a 5.4-percent change over the previous year, based on 64-percent occupancy and an average daily rate of $111.

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