Market Report U.S.

Positive Results for US Hotel Industry for Week Ending December 20th - 2014

- The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 14-20 December 2014, according to data from STR, Inc.

The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 14-20 December 2014, according to data from STR, Inc.

In year-over-year measurements, the industry's occupancy rose 5.9 percent to 49.5 percent. Average daily rate increased 5.7 percent to finish the week at US$102.60. Revenue per available room for the week was up 11.9 percent to finish at US$50.78.

Among the Top 25 Markets, San Francisco/San Mateo, California, reported the largest increases in all three key performance measurements. The market's occupancy increased 33.7 percent to 80.9 percent; its ADR was up 32.5 percent to US$184.75; and its RevPAR increased 77.2 percent to US$149.40.

Phoenix, Arizona, recorded the second-highest occupancy increase for the week, rising 16.3 percent to 49.5 percent. Miami/Hialeah, Florida, experienced the largest decrease in occupancy

(-2.4 percent to 68.0 percent).

Three other markets, aside from San Francisco/San Mateo, achieved double-digit ADR increases: Nashville, Tennessee (+12.6 percent to US$103.87); Denver, Colorado (+12.4 percent to US$97.96); and Phoenix (+11.6 percent to US$93.52).

None of the Top 25 Markets experienced an ADR decrease; however, New York, New York, remained flat at US$238.15.

In addition to San Francisco/San Mateo, four markets experienced RevPAR increases of more than 20.0 percent: Phoenix (+29.8 percent to US$46.25); Nashville (+26.9 percent to US$56.17); Denver (+23.6 percent to US$54.56); and Atlanta, Georgia (+21.9 percent to US$44.03).

None of the Top 25 Markets reported a RevPAR decrease.  

View weekly U.S. hotel performance review

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

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from STR