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US results week ending 6 July 2013

July 16, 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 30 June-6 July 2013, according to data from STR.

In year-over-year comparisons, occupancy rose 3.3 percent to 63.3 percent, average daily rate increased 5.3 percent to US$107.30 and revenue per available room grew 8.8 percent to US$67.97.

Among the Top 25 Markets, Denver, Colorado, jumped 28.8 percent in occupancy to 76.5 percent, reporting the largest increase in that metric. Houston, Texas, followed with a 14.3-percent increase to 54.0 percent. Washington, D.C., fell 12.0 percent in occupancy to 64.5 percent, posting the only double-digit decrease in that metric.

Atlanta achieved the largest ADR increase, rising 15.6 percent to US$81.53, followed by Oahu Island, Hawaii (+14.3 percent to US$224.87), and San Francisco/San Mateo, California (+13.7 percent to US$163.34). Washington, D.C. (-2.9 percent to US$114.51), and Boston, Massachusetts (-1.9 percent to US$141.68) reported the largest ADR decreases.

Four markets experienced RevPAR increases of more than 20 percent: Denver (+41.0 percent to US$70.60); Atlanta (+29.3 percent to US$47.98); Houston (+25.8 percent to US$44.40); and San Francisco/San Mateo (+25.3 percent to US$131.43). Washington, D.C., fell 14.5 percent in RevPAR to US$73.81, posting the largest decrease in that metric.

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