May Results – ADR Drives RevPAR

Last month, hotels within the Charlestowne portfolio experienced an average year-over-year RevPAR growth of 16.8% compared to the national average of 10% which was recently reported by STR. Although Charlestowne Hotels shares similar results in occupancy growth, the variation in average daily rate is clearly the driving factor of the significant increase in RevPAR. The adjacent graph compares the most recent year-over-year results for the three key performance metrics:

Posted on June 22, 2014

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