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US hotel results for week ending 22 April

May 2, 2017 Hotel Trends No Comments Email Email

The U.S. hotel industry reported mostly positive results in the three key performance metrics during the week of 16-22 April 2017, according to data from STRhttp://www.thavornpalmbeach.com/phuket-luxury-holiday-package/

Performance on Sunday and Monday of the week was lower due to a comparison with a non-Easter time period last year. In an overall comparison with the week of 17-23 April 2016, the industry reported the following:

  • Occupancy: -0.5% to 68.0%
  • Average daily rate (ADR): +1.3% to US$124.48
  • Revenue per available room (RevPAR): +0.7% to US$84.61

Among the Top 25 Markets, Anaheim/Santa Ana, California, reported the largest year-over-year RevPAR increase (+11.9% to US$116.05), driven primarily by the week’s highest lift in ADR (+8.8% to US$151.38). Occupancy in the market rose 2.8% to 76.7%.

Seattle, Washington, posted the only other double-digit increase in RevPAR (+10.0% to US$114.37).

Houston, Texas, saw the most significant percentage growth in occupancy (+7.6% to 67.6%).

New Orleans, Louisiana, reported the steepest declines across the three key performance metrics. Occupancy fell 13.2% to 72.1%, ADR was down 22.9% to US$147.47 and RevPAR dropped 33.1% to US$106.29.

Two additional markets experienced a double-digit drop in RevPAR for the week: Dallas, Texas (-13.9% to US$77.60), and Detroit, Michigan (-10.9% to US$58.32). Dallas also reported the only other double-digit decline in occupancy (-11.6% to 72.9%).

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