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 23 March
March 29 2013

In year-over-year comparisons, occupancy was up 4.4% to 66.4%; ADR rose 5.4% to $112.42; and RevPAR increased 10.1% to $74.61.

HNN Newswire

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported increases in the three key performance metrics during the week of 17-23 March 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 4.4 percent to 66.4 percent, average daily rate rose 5.4 percent to US$112.42 and revenue per available room increased 10.1 percent to US$74.61.

Among the Top 25 Markets, New Orleans, Louisiana, rose 18.8 percent in occupancy to 89.5 percent, reporting the largest increase in that metric, followed by Minneapolis-St. Paul, Minnesota-Wisconsin (+15.5 percent to 69.9 percent), and Detroit, Michigan (+13.1 percent to 64.1 percent). Norfolk-Virginia Beach, Virginia, fell 0.9 percent in occupancy to 49.7 percent, posting the largest decrease in that metric.

Three markets achieved ADR increases of more than 15 percent: Oahu Island, Hawaii (+19.4 percent to US$211.01); New Orleans (+16.2 percent to US$154.55); and Chicago, Illinois (+15.4 percent to US$136.30). St. Louis, Missouri-Illinois (-2.4 percent to US$85.25), and Atlanta, Georgia (-1.7 percent to US$89.60), reported the largest ADR decreases for the week.

Six markets experienced RevPAR increases of more than 20 percent: New Orleans (+38.0 percent to US$138.29); Chicago (+26.2 percent to US$94.70); Detroit (+26.2 percent to US$55.21); Anaheim-Santa Ana, California (+23.3 percent to US$109.08); Philadelphia, Pennsylvania-New Jersey (+21.2 percent to US$94.78); and Oahu Island (+20.5 percent to US$178.25). St. Louis fell 2.0 percent in RevPAR to US$52.22, reporting the largest decrease in that metric.

View the U.S. hotel review for the week ending 23 March.

Media Contacts:

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

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

 

COMMENTS   Show All
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 links or URLs 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

TRENDING
Tiered Wi-Fi emerges as new industry model
Owners talk OTAs, branding, living wage
CitizenM turns to Facebook to promote opening
The role of today’s management company
How to mitigate dependence on OTAs
Omni Nashville GM hits hotel jackpot
VIDEO
Hunter Hotel Conference postgame wrap
Bazin outlines Accor investment strategy
Accor's Bazin talks growth
Sébastien Bazin's view from the top
Chris Nassetta talks lifestyle brand
LATEST NEWS
Crowdfunding further fragments hotel ownership
Omni Nashville GM hits hotel jackpot
Denihan restructures to improve its focus
How to mitigate dependence on OTAs
Outrigger strives to ride wave of expansion
US hotel groundbreakings list
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy