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The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 28 April through 4 May 2019, according to data from STR. http://www.stevecafeandcuisine.com/

In comparison with the week of 29 April through 5 May 2018, the industry recorded the following:

  • Occupancy: +1.2% to 69.1%
  • Average daily rate (ADR): +2.3% to US$133.43
  • Revenue per available room (RevPAR): +3.6% to US$92.21

Among the Top 25 Markets, Boston, Massachusetts, registered the largest increases in each of the three key performance metrics: occupancy (+8.2% to 80.5%), ADR (+8.5% to US$227.08) and RevPAR (+17.4% to US$182.69).

Two markets matched for the second-highest rise in occupancy: Chicago, Illinois (+6.9% to 74.4%), and Minneapolis/St. Paul, Minnesota-Wisconsin (+6.9% to 72.4%).

Chicago posted the second-largest jump in RevPAR (+14.5% to US$116.05).

Overall, 15 of the Top 25 Markets reported an increase in RevPAR.

Houston, Texas, saw the steepest declines in occupancy (-6.9% to 66.4%) and ADR (-17.0% to US$107.41), which resulted in the largest drop in RevPAR (-22.7% to US$71.33).

St. Louis, Missouri-Illinois, registered the second-largest decreases in each of the three key performance metrics: occupancy (-5.1% to 65.5%), ADR (-4.5% to US$106.30) and RevPAR (-9.4% to US$69.59).