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STR: U.S. hotel results for week ending 25 May

June 8, 2019 Hotel Trends No Comments Email Email

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 19-25 May 2019, according to data from STR. http://www.stevecafeandcuisine.com/

In comparison with the week of 20-26 May 2018, the industry recorded the following:

  • Occupancy: +0.9% to 71.2%
  • Average daily rate (ADR): +2.1% to US$133.81
  • Revenue per available room (RevPAR): +3.1% to US$95.22

Among the Top 25 Markets, Philadelphia, Pennsylvania-New Jersey, registered the largest jump in RevPAR (+15.8% to US$130.23), driven by the only double-digit increase in ADR (+11.1% to US$162.36).

New Orleans, Louisiana, experienced the only double-digit rise in occupancy (+13.4% to 79.1%) and the second-largest increase in RevPAR (+14.6% to US$119.64).

St. Louis, Missouri-Illinois, saw the third-largest lift in RevPAR (+12.9% to US$81.32).

Overall, 18 of the Top 25 Markets posted an increase in RevPAR.

Seattle, Washington, reported the steepest declines in each of the three key performance metrics: occupancy (-7.7% to 79.1%), ADR (-12.6% to US$164.19) and RevPAR (-19.3% to US$129.91).

Oahu Island, Hawaii, registered the second-largest decreases in ADR (-2.3% to US$224.30) and RevPAR (-5.3% to US$188.56).

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