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The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 12-18 August 2018, according to data from STR. http://www.tourismlegal.com.au/

In comparison with the week of 13-19 August 2017, the industry recorded the following:

  • Occupancy: +0.3% to 72.5%
  • Average daily rate (ADR): +2.2% to US$129.77
  • Revenue per available room (RevPAR): +2.5% to US$94.08

Among the Top 25 Markets New Orleans, Louisiana, reported the largest increase in RevPAR (+29.0% to US$65.95), due primarily to the only double-digit rise in occupancy (+19.7% to 60.7%).

Orlando, Florida, posted the largest jump in ADR (+9.3% to US$103.37).

Philadelphia, Pennsylvania, registered the second-highest increases in each of the three key performance metrics: occupancy (+8.0% to 78.8%), ADR (+8.7% to US$130.89) and RevPAR (+17.5% to US$103.08).

Overall, 20 of the Top 25 Markets registered an increase in RevPAR.

Nashville, Tennessee, reported the steepest declines across the three key metrics: occupancy (-4.2% to 75.5%). ADR (-3.7% to US$141.60) and RevPAR (-7.8% to US$106.86).

San Francisco/San Mateo, California, experienced the second-largest drop in occupancy (-2.7% to 88.2%).

Seattle, Washington, registered the second-largest decline in RevPAR (-2.4% to US$168.38).