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Chicago & Midwest  + Midwest  + Hospitality  | 
Scannell Properties Names Cameron Duff to lead development at Kansas City Office

ADR, RevPAR Increase Modestly Across Central Midwest

Although hotel occupancy remained flat across the Central Midwest, regional ADR and RevPAR registered modest increases during the year ending in June, Marcus & Millichap reported. ADR climbed 1.6% to $90.13, while RevPAR edged up 1.4% to $52.55.

Oklahoma posted the smallest gain in ADR during this time: just 0.5%. Yet the state’s strong occupancy growth boosted RevPAR 4.9%, the largest gain in the region.

ADR in Kansas and Missouri rose 1.7% to $87.43 and 2.4% to $99.05, respectively, over the 12-month period. Declining vacancy, combined with the uptick in ADR, generated a 0.6% increase in RevPAR in Missouri, while RevPAR in Kansas ticked down 0.3%.

Across the region, sales during the past four quarters remained widespread across chain scales, with limited service, select service and independent hotels relatively equally targeted. First-year returns for these hotels were in the low-6% to mid-9% band, depending on property location and type.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).