STR

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 23-29 June 2019, according to data from STR. 

In comparison with the week of 24-30 June 2018, the industry recorded the following:

  • Occupancy: -0.5% to 75.5%
  • Average daily rate (ADR): +1.4% to US$133.83
  • Revenue per available room (RevPAR): +0.9% to US$100.99

Among the Top 25 Markets, Philadelphia, Pennsylvania, posted the largest jump in RevPAR (+17.8% to US$130.69), driven by the only double-digit lift in ADR (+12.9% to US$154.82). The market saw the second-highest increase in occupancy (+4.3% to 84.4%).

Phoenix, Arizona, experienced the largest rise in occupancy (+6.6% to 67.3%) and the only other double-digit increase in RevPAR (+13.8% to US$65.40).  

Detroit, Michigan, saw the steepest decline in RevPAR (-18.1% to US$80.96), due primarily to the only double-digit drop in occupancy (-13.1% to US$74.9%). ADR in the market fell 5.8% to US$108.03.

Houston, Texas, registered the largest decrease in ADR (-6.3% to US$99.39). 

Denver, Colorado, reported the second-largest declines in occupancy (-6.7% to 88.0%) and RevPAR (-10.7% to US$138.39). 

Overall, 17 of the Top 25 Markets saw a RevPAR decrease.

View U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

Logos, product and company names mentioned are the property of their respective owners.

You May Also Like

U.S. Hotel F&B Performance Increased in 2018

U.S. hotel food-and-beverage revenue per occupied room (F&B RevPOR) increased 2.7% in…

Bennett Hay celebrates a year a success with Guest First Awards 2019

Bennett Hay, the bespoke hospitality company has marked another successful year with…

Hospitality workwear

Positive Branding is an established workwear provider with a huge clothing range…

Smartphones, Voice Command & Safety Hold Power for Hotels in 2019

Advancements in technology and the ability for hotels to capitalize on consumer…