Hotel industry in U.S. records positive results in the week ending on June 20

Published on : Friday, June 26, 2015

STR-logoThe U.S. hotel industry recorded mostly positive results in the three key performance measurements during the week of 14-20 June 2015, according to data from STR, Inc.




In year-over-year measurements, the industry’s occupancy decreased 0.5 percent to 74.8 percent. However, average daily rate was up 4.8 percent to US$122.01, and revenue per available room increased 4.2 percent to US$91.26.



Three of the Top 25 Markets reported RevPAR increases of more than 20.0 percent: Philadelphia, Pennsylvania-New Jersey (+30.0 percent to US$121.92); Seattle, Washington (+26.3 percent to US$172.76); and Los Angeles/Long Beach, California (+22.2 percent to US$148.83). Overall, 11 of the Top 25 Markets saw double-digit RevPAR growth.



St. Louis, Missouri-Illinois (-13.8 percent to US$72.48), and Houston, Texas (-10.3 percent to US$70.61), were the only two markets to see a double-digit decline in RevPAR.

Five markets posted double-digit ADR increases, led by Seattle (+25.0 percent to US$190.13) and Philadelphia (+22.6 percent to US$149.23).



St. Louis was the only market to record a drop in ADR, which was down 3.8 percent to US$99.62.



New Orleans, Louisiana, experienced the largest increase in occupancy, up 9.5 percent to 72.4 percent. Phoenix, Arizona, followed with an 8.7-percent rise in occupancy to 59.0 percent.



Houston (-11.1 percent to 67.8 percent) and St. Louis (-10.4 percent to 72.8 percent) were the only two markets to see a double-digit decrease in occupancy.
Source: STR.

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 01 AIME 2018 BB
  • 02 WTM 2017
  • 03 EMITT 2018
  • 04 AIME-2018 small
  • 05 iitmindia 2017
  • 06 imtm 2018
  • 06 TTF-Surat 2017
  • 30 PATA


Get our toolbar!
Review on