This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR: US results for week ending 16 March
March 22 2013

In year-over-year comparisons, occupancy was up 1.4% to 66.6%; ADR rose 4.5% to $112.05; and RevPAR increased 5.9% to $74.66.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported increases in the three key performance metrics during the week of 10-16 March 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 1.4 percent to 66.6 percent, average daily rate rose 4.5 percent to US$112.05 and revenue per available room increased 5.9 percent to US$74.66.

Among the Top 25 Markets, Dallas, Texas, reported the only double-digit increase in occupancy with a 15.8-percent gain to 70.9 percent. San Diego, California, reported the largest occupancy decrease, falling 6.9 percent to 73.6 percent, followed by Oahu Island, Hawaii (-4.1 percent to 84.5 percent).

Three markets reported double-digit ADR increases: Oahu Island (+15.7 percent to US$204.82); Miami-Hialeah, Florida (+15.4 percent to US$229.40); and New York, New York (+12.4 percent to US$248.02). San Diego fell 5.5 percent in ADR to US$127.06, posting the largest decrease in that metric.

Four markets achieved RevPAR growth of more than 15 percent: Dallas, Texas (+25.3 percent to US$63.49); Miami-Hialeah (+21.6 percent to US$207.78); New York (+19.7 percent to US$216.79); and Houston (+15.6 percent to US$78.80).

View the U.S. hotel review for the week ending 16 March.

Media Contacts:

Jeff Higley
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305

Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.

Tracking Baha Mar’s development trek
Accor’s distribution gamble takes shape
Infographic: A global look at hotel CEO tenure
Sharing economy 'is the future,' hoteliers say
Executives say cooperation is key for IHG
New Holiday Inn guestrooms take homey look
The hotel industry’s most overused clichés
Apple stays true to its core post IPO
MCR pursuing smart hotel development
Deconstructing a guest review
With every great opportunity? A challenge
When is the best time to build?
US hotel openings list
Capital, exit strategies among top concerns
Asset managers tackle budget pain points
Members generally accept USALI changes
APAC investors grow comfortable in Europe
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
Copyright © 2004 - 2015 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy