Global Travel Media » Blog Archive » STR: U.S. hotel results for week ending 14 September

Home » Hotel Trends » Currently Reading:

STR: U.S. hotel results for week ending 14 September

September 23, 2019 Hotel Trends No Comments Email Email

The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 8-14 September 2019, according to data from STR

In comparison with the week of 9-15 September 2018, the industry recorded the following

  • Occupancy: flat at 69.6%
  • Average daily rate (ADR): +0.8% to US$132.59
  • Revenue per available room (RevPAR): +0.8% at US$92.26

Among the Top 25 Markets, Norfolk/Virginia Beach, Virginia, registered the largest increases in each of the three key performance metrics: occupancy (+40.6% to 67.3%), ADR (+15.9% to US$99.69) and RevPAR (+63.0% to US$67.12). STR analysts note that performance levels from the comparable time period last year were lower because of Hurricane Florence.

Washington, D.C.-Maryland-Virginia, saw the only other double-digit increases in occupancy (+12.2% to 78.0%) and ADR (+11.1% to US$179.83), which resulted in the second-largest jump in RevPAR (+24.7% to US$140.20).

Overall, 13 of the Top 25 Markets reported a jump in RevPAR.

Chicago, Illinois, posted the only double-digit decline in RevPAR (-12.0% to US$145.75), due primarily to the largest drop in ADR (-9.7% to US$179.85).

Atlanta, Georgia, experienced the steepest decrease in occupancy (-8.3% to 69.3%) and the second-largest decline in RevPAR (-7.4% to US$78.90).

Orlando, Florida, saw the second-steepest drop in occupancy (-8.1% to 58.5%), which resulted in the third-largest decrease in RevPAR (-5.6% to US$60.18).  

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

Advertisements

sitemap