Global occupancy (excluding the U.S) reached another post-pandemic high of 72.4%, 1.5 ppts higher than the previous high achieved a week ago. The week’s occupancy was 5.7ppts higher than the level seen a year ago. ADR increased 9.3% YoY to US$155 with RevPAR of US$112, well above last year (+18.6%).
It was also another record week for the top 10 countries (based on supply) as occupancy grew 1.1 ppts week over week to reach a post-pandemic high of 75.2%, up 7.1ppts versus the comparable week last year. ADR for the top 10 grew 7.4% to US$146, leading to an overall RevPAR of US$110, up 18.7% YoY.
