Phoenix American Hospitality announced that in the month of April hotel revenue has continued to recover from pandemic levels. For the month, RevPar (revenue per available room) increased from $56.80 in March 2021 to $59.46 in April 2021, a 4.7% increase. Total room revenue for April increased 80% over April 2020.
The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest weekly data through April 10.
