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STR: US Hotel Results For Week Ending 25 July

August 1, 2015 Statistics & Trends No Comments Print Print Email Email

The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 19-25 July 2015, according to data from STR, Inc.http://www.eastinhotelsresidences.com/specialoffers-en.html

In year-over-year measurements, the industry’s occupancy increased 1.5% to 79.1%. Average daily rate for the week was up 5.1% to US$125.04. Revenue per available room increased 6.6% to finish the week at US$98.91.

Four of the Top 25 Markets reported RevPAR increases of more than 15.0%: Orlando, Florida (+23.8% to US$94.05); Boston, Massachusetts (+19.8% to US$194.80); Nashville, Tennessee (+16.1% to US$108.42); and Los Angeles/Long Beach, California (+15.7% to US$171.72).

Philadelphia, Pennsylvania-New Jersey, reported the largest RevPAR decrease for the week, down 8.0% to US$94.65.

Seven markets posted double-digit ADR increases, led by Boston (+16.1% to US$207.91). Orlando (+14.7% to US$110.29) and Los Angeles/Long Beach (+14.6% to US$185.58) followed in ADR growth for the week.

San Diego, California, reported the largest drop in ADR, down 9.1% to US$191.01.

Orlando (+8.0% to 85.3%) experienced the largest occupancy increase, while Oahu Island, Hawaii (-4.6% to 87.1%), saw the largest occupancy decline.

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