Home » Statistics & Trends » Currently Reading:

US hotel results for week ending 26 October

November 5, 2013 Statistics & Trends No Comments Email Email

The U.S. hotel industry posted positive results in the three key performance measurements during the week of 20-26 October, according to data from STR.

In year-over-year measurements, the industry’s occupancy was up 1.1 percent to 65.8 percent. Average daily rate rose 3.7 percent to finish the week at US$113.72. Revenue per available room for the week increased 4.9 percent to finish at US$74.82.

Among the Top 25 Markets, Nashville, Tennessee, rose 17.6 percent to 81.4 percent in occupancy, reporting the largest increase in that metric. Boston, Massachusetts, followed with a 10.1-percent increase to 89.7 percent. Miami-Hialeah, Florida, reported the only double-digit occupancy decrease, falling 12.4 percent to 74.9 percent.

Five markets experienced double-digit ADR increases: Boston (+15.1 percent to US$206.55); Nashville (+13.5 percent to US$114.90); St. Louis, Missouri-Illinois (+11.8 percent to US$102.84); Philadelphia, Pennsylvania-New Jersey (+11.5 percent to US$133.67); and Oahu Island, Hawaii (+11.0 percent to US$199.86).

Three markets achieved RevPAR increases of more than 15 percent: Nashville (+33.5 percent to US$93.58); Boston (+26.8 percent to US$185.29); Philadelphia (+21.6 percent to US$98.81); and St. Louis (+19.4 percent to US$72.98).

Miami-Hialeah reported the largest ADR (-8.6 percent to US$156.32) and RevPAR (-19.9 percent to US$117.13) 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

ADVERTISEMENTS