* - To learn more about how we forecast the U.S. Hotel Market, please download CBRE Hotels Research Hotel Horizons®: Methodology
All performance indicators listed below are presented as Daily Averages in Hotel Horizons®
Occupancy – Demand divided by supply. Overall Percentage of hotel occupied with guests for a given period Average Daily Rate (ADR) - Revenue divided by Demand. The average rate a guest can expect to pay during a specified period of time. Revenue Per Available Room (RevPAR) - Revenue divided by Supply: Overall utilization of a given property’s supply of rooms. Dollars of revenue per room available in a specified period of time. Supply - Average number of rooms available during a specified period of time. Demand - Average number of rooms sold during a specified period of time. Revenue - Daily gross dollar income of room sales during a specified period of time. Upper-Priced includes Luxury, and Upper Upscale properties* Mid-Priced includes Upscale and Upper-Midscale properties* Lower-Priced: includes Midscale, and Economy properties*
* - Based on Kalibri Labs Chain Scale Definitions