Global occupancy (excluding the U.S) at 70.9% clipped the post-pandemic high of 70.8% recorded three weeks ago. That measure was up 6.1ppts YoY with ADR rising 13.2% YoY to US$158. As a result, RevPAR continued to see strong year-over-year growth (+23.9%), attaining a level of US$112, just shy of the highest level recorded last week.
Among the top 10 countries based on supply, occupancy increased 6.9ppts YoY to 74%, its highest level since the start of the pandemic and surpassing the previous high (73.8%) attained last week. Top 10 ADR grew 10.7% YoY to US$149, with RevPAR increasing 22.1% YoY to US$110. All top 10 countries saw RevPAR growth except Mexico, which declined due to falling ADR.
