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STR: U.S. hotel results for week ending 13 July

July 22, 2019 Hotel Trends No Comments Email Email

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 7-13 July 2019, according to data from STR. http://www.stevecafeandcuisine.com/

In comparison with the week of 8-14 July 2018, the industry recorded the following:

  • Occupancy: -2.4% to 74.2%
  • Average daily rate (ADR): -0.6% to US$132.24
  • Revenue per available room (RevPAR): -2.9% to US$98.08

Among the Top 25 Markets, Phoenix, Arizona, posted the largest lift in RevPAR (+4.2% to US$53.93) because of the largest increase in ADR (+5.3% to US$89.91).

Dallas, Texas, experienced the highest rise in occupancy (+1.3% to 73.3%).

New Orleans, Louisiana, saw the steepest decline in RevPAR (-17.1% to US$79.19), due primarily to the only double-digit drop in occupancy (-20.3% to 57.8%). The most significant performance declines in the market came at the end of the week as Tropical Storm Barry made landfall.

Houston, Texas, reported the largest decrease in ADR (-9.4% to US$96.16).

San Francisco/San Mateo, California, registered the second-largest declines in each of the three key performance metrics: occupancy (-8.0% to 81.6%), ADR (-6.9% to US$245.18) and RevPAR (-14.4% to US$200.13).

Overall, 19 of the Top 25 Markets saw a RevPAR decrease.

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