STR

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 8-14 December 2019, according to data from STR.

In comparison with the week of 9-15 December 2018, the industry recorded the following:

• Occupancy: +5.6% to 60.5%
• Average daily rate (ADR): +5.3% to US$125.37
• Revenue per available room (RevPAR): +11.2% to US$75.87

San Francisco/San Mateo, California, registered the largest increases in each of the three key performance metrics: occupancy (+17.6% to 88.8%), ADR (+22.8% to US$257.98) and RevPAR (+44.4% to US$229.19).

Philadelphia, Pennsylvania, saw the second-largest jump in RevPAR (+39.0% to US$105.80), driven by the second-highest rises in occupancy (+16.5% to 72.4%) and ADR (+19.3% to US$146.03).

Orlando, Florida, recorded the third-largest lift in RevPAR (+27.0% to US$97.92).

Overall, 21 of the Top 25 Markets reported a RevPAR increase.

Minneapolis/St. Paul, Minnesota, experienced the steepest drop in occupancy (-6.0% to 58.5%), which resulted in the largest decrease in RevPAR (-9.8% to US$63.35).

Seattle, Washington, posted the largest decline in ADR (-5.6% to US$140.63).

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…