STR: Phoenix RevPAR to Reach Second-Highest Super Bowl Weekend Level

HENDERSONVILLE, Tennessee—Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for February 10-12, which would be the second-highest level for a Super Bowl weekend, according to STR. The market, also hosting the Phoenix Open this week, is projected for Friday through Sunday night occupancy of 94 percent and an average daily rate (ADR) of $445. Even with 11.7 percent more supply in the market, a volume of demand is forecasted to push […]

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