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STR: US Hotel Results For Week Ending 11 July

July 20, 2015 Statistics & Trends No Comments Email Email

The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 5-11 July 2015, according to data from STR, Inc.http://www.lagunaphuketgolf.com/

In year-over-year measurements, the industry’s occupancy increased 0.4 percent to 72.1 percent. Average daily rate for the week was up 4.8 percent to US$119.08. Revenue per available room increased 5.2 percent to finish the week at US$85.81.

Among the Top 25 Markets, San Diego, California, posted the largest increases in ADR (+39.6 percent to US$214.00) and RevPAR (+44.5 percent to US$172.63). Occupancy in the market rose 3.5 percent to 80.7 percent.

Five other Top 25 Markets reported double-digit RevPAR increases: Chicago, Illinois (+17.9 percent to US$120.34); Orlando, Florida (+17.9 percent to US$85.08); Nashville, Tennessee (+16.3 percent to US$104.33); Phoenix, Arizona (+13.4 percent to US$41.10); and Miami/Hialeah, Florida (+11.9 percent to US$114.82).

Philadelphia, Pennsylvania-New Jersey, reported the largest RevPAR decrease for the week, down 6.0 percent to US$84.59.

Four markets in addition to San Diego posted double-digit ADR increases: Chicago (+12.1 percent to US$147.84); Nashville (+12.0 percent to US$127.81); Orlando (+10.8 percent to US$106.35); and Boston, Massachusetts (+10.2 percent to US$193.65).

San Francisco/San Mateo, California, reported the largest ADR drop for the week, down 2.1 percent to US$209.86.

Phoenix was the only market to see a double-digit increase in occupancy, up 10.3 percent to 51.6 percent.

St. Louis, Missouri-Illinois, experienced the largest occupancy decline, down 5.7 percent to 72.2 percent.

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