CHART DU JOUR: US REVPAR COMPS

  • Since Q1 2011, IHG and HOT have been leading the pack in North America REVPAR.  IHG may have benefited from a reverse FX impact.
  • Hyatt is looking like they are finally seeing the fruits of their renovation programs
  • Marriott is a laggard due to the higher concentration of group business which lags transient – they also have bigger boxes and an out-sized exposure to D.C. 
  • The standard deviation among the lodgers' performance in North America has narrowed considerably

CHART DU JOUR:  US REVPAR COMPS - hh