Home » Hotel Trends » Currently Reading:

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

December 4, 2017 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 November 2017, according to data from STRhttp://www.tourismthailand.org/landing/landing_en.html

In comparison with the week of 20-26 November 2016, the industry recorded the following:

  • Occupancy: +1.4% to 51.4%
  • Average daily rate (ADR): +2.0% to US$109.99
  • Revenue per available room (RevPAR): +3.4% to US$56.52

Among the Top 25 Markets, Houston, Texas, reported the largest increase in all three key performance metrics: occupancy (+32.8% to 56.0%), ADR (+16.0% to US$92.58) and RevPAR (+54.1% to US$51.86).

Boston, Massachusetts, experienced the only other double-digit increase in occupancy (+10.6% to 54.3%), which produced double-digit growth in RevPAR (+11.7% to US$72.98).

Orlando, Florida, posted the second-highest lift in ADR (+9.6% to US$111.23), which contributed to a double-digit rise in RevPAR (+18.2% to US$79.10).

Overall, six of the Top 25 Markets reported double-digit increases in RevPAR.

Dallas, Texas, experienced the steepest declines in occupancy (-6.7% to 50.0%) and RevPAR (-5.5% to US$43.18).

Two markets reported the largest drop in ADR: New Orleans, Louisiana (-2.4% to US$128.59), and Chicago, Illinois (-2.4% to US$112.85).

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