The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 9-15 June 2019, according to data from STR.
In comparison with the week of 10-16 June 2018, the industry recorded the following:
• Occupancy: -0.6% to 73.7%
• Average daily rate (ADR): +1.9% to US$134.59
• Revenue per available room (RevPAR): +1.3% to US$99.22
Among the Top 25 Markets, San Diego, California, posted the largest increase in RevPAR (+18.0% to US$179.07), driven primarily by the only double-digit rise in ADR (+12.8% to US$198.10).
Boston, Massachusetts, saw the second-highest jump in RevPAR (+12.8% to US$193.99) for the week.
New Orleans, Louisiana, registered the largest increase in occupancy (+7.9% to 72.9%) and the third-highest rise in RevPAR (+12.3% to US$99.58).
Orlando, Florida, reported the steepest declines in occupancy (-8.1% to 76.8%) and RevPAR (-10.1% to US$95.28).
St. Louis, Missouri-Illinois, saw the only other double-digit decline in RevPAR (-10.0% to US$81.00).
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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