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STR: US results week ending 20 July 2013

August 1, 2013 Statistics & Trends No Comments Email Email

The U.S. hotel industry reported positive results in the three key performance metrics during the week of 14-20 July 2013, according to data from STR.

In year-over-year comparisons, occupancy rose slightly by 0.1 percent to 75.1 percent, average daily rate increased 4.3 percent to US$112.94 and revenue per available room grew 4.4 percent to US$84.85.

Among the Top 25 Markets, Atlanta, Georgia (+5.1 percent to 78.9 percent), and Dallas, Texas (+5.1 percent to 68.7 percent), reported the largest occupancy increases for the week. New Orleans, Louisiana, fell 6.5 percent in occupancy to 69.5 percent, posting the largest decrease in that metric. Washington, D.C., followed with a 4.6-percent decrease in occupancy to 79.5 percent.

Four markets experienced ADR increases of more than 10 percent: San Diego, California (+29.4 percent to US$197.46); Oahu Island, Hawaii (+12.9 percent to US$221.42); Chicago, Illinois (+12.6 percent to US$142.88); and San Francisco/San Mateo, California (+10.8 percent to US$193.51). Los Angeles-Long Beach, California, fell 1.6 percent in ADR to US$140.97, reporting the largest decrease in that metric.

Five markets achieved double-digit RevPAR increases: San Diego (+27.5 percent to US$175.65); Chicago (+16.4 percent to US$124.73); Nashville (+13.1 percent to US$76.92); San Francisco/San Mateo, California (+11.6 percent to US$179.16); and Atlanta, Georgia (+10.1 percent to US$77.81). New Orleans fell 7.4 percent in RevPAR to US$76.61, posting the largest decrease in that metric.

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