Market Reports

Positive YOY Results for US Hotel Industry for Week Ending May 18th - 2019

The U.S. hotel industry saw occupancy increase 0.8% to 70.8% during the week of 12-18 May, and a 1.4% ADR increase to $134.36 pushed RevPAR up 2.2% to $95.13.
Hotel No Vacancy sign - Photo by KEEM IBARRA on Unsplash
Positive YOY Results for US Hotel Industry for Week Ending May 18th - 2019

STR

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 12-18 May 2019, according to data from STR.

In comparison with the week of 13-19 May 2018, the industry recorded the following:

• Occupancy: +0.8% to 70.8%
• Average daily rate (ADR): +1.4% to US$134.36
• Revenue per available room (RevPAR): +2.2% to US$95.13

Among the Top 25 Markets, Boston, Massachusetts, reported the largest increase in RevPAR (+11.5% to US$212.97), due primarily to the second-highest lift in ADR (+7.2% to US$245.41).

Philadelphia, Pennsylvania-New Jersey, posted the largest jump in ADR (+7.9% to US$160.06).

Anaheim/Santa Ana, California, experienced the highest rise in occupancy (+5.3% to 78.3%).

Seattle, Washington, registered the largest drop in RevPAR (-14.8% to US$130.65) primarily because of the steepest decline in ADR (-9.8% to US$163.51).

Miami/Hialeah, Florida, saw the largest decrease in occupancy.

View U.S. weekly 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.



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