Market Reports

RevPAR Growth for US Hotel Industry for Week Ending July 28th - 2018

During the week of 22-28 July, U.S. hotel occupancy rose 1.3% year over year to 78.5%, while ADR increased 2.9% to $135.94 and RevPAR rose 4.2% to $106.66.
A hotel sign
RevPAR Growth for US Hotel Industry for Week Ending July 28th - 2018

STR

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 22-28 July 2018, according to data from STR.

In comparison with the week of 23-29 July 2017, the industry recorded the following:

  • Occupancy: +1.3% to 78.5%
  • Average daily rate (ADR): +2.9% to US$135.94
  • Revenue per available room (RevPAR): +4.2% to US$106.66

Among the Top 25 Markets, Philadelphia, Pennsylvania-New Jersey, registered the largest increase in RevPAR (+17.7% to US$110.67).

San Francisco/San Mateo, California, posted the largest lift in ADR (+15.2% to US$292.75) and the second-highest rise in RevPAR (+16.6% to US$281.18).

Houston, Texas, experienced the largest increase in occupancy (+9.6% to 67.8%), which drove the third-highest jump in RevPAR (+16.3% to US$67.97).

Overall, 18 of the Top 25 Markets registered an increase in RevPAR.

Miami/Hialeah, Florida, reported the steepest decrease in RevPAR (-6.4% to US$134.24), due in part to the largest drop in ADR (-2.3% to US$163.08). Occupancy in the market fell 4.2% to 82.3%.

St. Louis, Missouri-Illinois, experienced the largest decline in occupancy (-5.3% to 78.3%) and the second-largest decrease in RevPAR (-5.8% to US$89.64).

View weekly U.S. hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



Logos, product and company names mentioned are the property of their respective owners.