Home » Statistics & Trends » Currently Reading:

STR: US hotel results for week ending 5 April

April 16, 2014 Statistics & Trends No Comments Email Email

The U.S. hotel industry posted positive results in the three key performance measurements during the week of 30 March-5 April 2014, according to data from STR.

In year-over-year measurements, the industry’s occupancy increased 2.4 percent to 65.2 percent. Average daily rate rose 4.2 percent to finish the week at US$112.60. Revenue per available room for the week was up 6.7 percent to finish at US$73.46.

Among the Top 25 Markets, Dallas, Texas (+21.2 percent to 71.9 percent), and New Orleans, Louisiana (+20.6 percent to 80.2 percent), reported the largest occupancy increases for the week. Two markets experienced double-digit occupancy decreases: Orlando, Florida (-10.5 percent to 75.6 percent), and Norfolk-Virginia Beach, Virginia (-10.3 percent to 51.4 percent).

Three markets achieved ADR increases of more than 15 percent: Dallas (+25.4 percent to US$110.72); San Francisco/San Mateo, California (+20.4 percent to US$186.87); and New Orleans (+19.4 percent to US$163.45). Atlanta, Georgia, fell 10.3 percent in ADR to US$90.14, reporting the largest decrease in that metric.

Four markets experienced RevPAR growth of more than 25 percent: Dallas (+52.0 percent to US$79.59); New Orleans (+44.1 percent to US$131.10); Denver, Colorado (+34.2 percent to US$75.81); and Phoenix, Arizona (+26.6 percent to US$104.15). Norfolk/Virginia Beach (-15.4 percent to US$39.90) and New York, New York (-12.7 percent to US$189.69), reported the largest RevPAR decreases for the week.

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