Hotel revenue in September increased 6 percent year over year, another solid month to cap summer. Revenue gains in the month were driven by rate. Demand was flat from September 2017. Hotel revenue remained below records set in 2015. Definite room blocks by meetings and conventions were down 30 percent in September year over year, approximately 3,500 rooms.
Not sure what these terms mean? Check our guide to lodging performance.
View August 2018 report.