Home » Hotel Trends » Currently Reading:

STR: US Hotel Results For Week Ending 3 October

October 12, 2015 Hotel 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 27 September through 3 October 2015, according to data from STR, Inc.http://join.travelmanagers.com.au/

In year-over-year measurements, the industry’s occupancy increased 3.4% to 68.8%. Average daily rate for the week was up 8.0% to US$124.96. Revenue per available room increased 11.6% to finish the week at US$86.01.

Among the Top 25 Markets, New York, New York, reported the largest increases in ADR (+24.4% to US$367.05) and RevPAR (+32.5% to US$336.03). Occupancy in the market increased 6.6% to 91.5%.

Four additional markets saw RevPAR increases of more than 20.0%: Philadelphia, Pennsylvania-New Jersey (+28.8% to US$106.17); Washington, D.C.-Maryland-Virginia (+27.5% to US$130.62); Anaheim/Santa Ana, California (+27.2% to US$124.07); and Minneapolis/St. Paul, Minnesota-Wisconsin (+22.3% to US$96.28). Overall, 18 markets experienced a double-digit RevPAR increase.

Houston, Texas, reported the largest decrease in RevPAR, down 9.8% to US$72.42.

After New York, seven markets posted a double-digit rise in ADR. Philadelphia (+17.7% to US$142.93) was the only other market to report an ADR increase of more than 15.0%.

Two markets reported a drop in ADR: San Francisco/San Mateo, California (-11.5% to US$246.91), and Houston (-1.6% to US$109.43).

Four markets saw a double-digit rise in occupancy: Anaheim/Santa Ana (+14.1% to 85.1%); Phoenix, Arizona (+11.7% to 63.0%); Washington, D.C. (+11.0% to 76.2%); and Minneapolis (+10.3% to 77.1%).

Norfolk/Virginia Beach, Virginia, experienced the only double-digit decline in occupancy, down 10.6% to 45.8%.

Comment on this Article:

Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership


Elite Partnership Sponsors


Premier Partnership Sponsors


Official Media Event Partner


Global Travel media endorses the following travel publication