Freitag’s 5: RevPAR starts to soften in May

 The U.S. hotel industry kept on rolling during May. But with new records comes some softening in certain metrics

Occupancy ended the month at 67.5%, the highest tally ever recorded during May, while demand broke an unprecedented 104 million roomnights, according to data from STR. Annualized occupancy, meanwhile, is still at 65%, which means all key performance indicators are again at new record levels on an annual basis.