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STR: U.S. hotel results for week ending 22 June

July 1, 2019 Hotel Trends No Comments Email Email

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 16-22 June 2019, according to data from STR. http://www.stevecafeandcuisine.com/

In comparison with the week of 17-23 June 2018, the industry recorded the following:

  • Occupancy: -0.6% to 75.5%
  • Average daily rate (ADR): +0.8% to US$134.83
  • Revenue per available room (RevPAR): +0.2% to US$101.80

Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota, registered the largest increase in RevPAR (+13.5% to US$123.21), due primarily to the largest lift in ADR (+8.2% to US$141.35). The market saw the second-highest rise in occupancy (+4.9% to 87.2%).

Phoenix, Arizona, experienced the largest jump in occupancy (+6.0% to 67.9%) and the only other double-digit increase in RevPAR (+12.3% to US$66.71).

St. Louis, Missouri-Illinois, reported the third-highest lift in RevPAR (+9.1% to US$93.27).

Overall, 12 of the Top 25 Markets registered a RevPAR increase.

Detroit, Michigan, saw the steepest declines in occupancy (-5.8% to 73.6%) and RevPAR (-7.8% to US$77.70).

Houston, Texas, registered the largest drop in ADR (-5.5% to US$100.28).

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