COVID continues to clobber hotel revenues in Dallas, report says – Dallas Business Journal

Dallas-Fort Worth hotel occupancy in the third quarter of this year fell almost 27 points to 38.2 percent compared to the same period a year ago — the lowest occupancy in the state’s major metros. Daily rates fell 19.7 percent to $87.13 for the quarter.

Revenue per available room in DFW dropped by more than $37 to $33.28 in the third quarter. That closely watched metric, known as RevPAR, was also the the lowest of the four major metro areas, Source Strategy found.

Source: COVID continues to clobber hotel revenues in Dallas, report says – Dallas Business Journal