This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR reports U.S. performance for week ending 11 July 2009
July 16 2009

The U.S. hotel industry posted declines in all three key performance measurements during the week of 5-11 July 2009, according to STR.

HENDERSONVILLE, Tennessee—The U.S. hotel industry posted declines in all three key performance measurements during the week of 5-11 July 2009, according to data from STR.

In year-over-year measurements, the industry’s occupancy fell 9.7 percent to end the week at 60.3 percent. Average daily rate dropped 9.6 percent to finish the week at US$93.97. Revenue per available room for the week decreased 18.4 percent to finish at US$56.65.

Among the Top 25 Markets, New Orleans, Louisiana, was the only market to report increases in all three key metrics. Occupancy rose 4.1 percent to 59.2 percent; ADR increased 1.2 percent to US$100.96; and RevPAR reported a 5.3-percent jump to US$59.75.

Other highlights from the Top 25 Markets include (in year-over-year comparisons):

• Minneapolis-St. Paul, Minnesota-Wisconsin, was virtually flat in occupancy change for the week, reporting a 0.1-percent decrease to 67.5 percent. The market also reported the smallest decrease in both ADR and RevPAR, down 2.4 percent to US$95.99 and 2.5 percent to US$64.81, respectively.
• Two markets reported occupancy decreases of more than 20 percent: Houston, Texas (-22.6 percent to 53.0 percent), and Detroit, Michigan (-20.2 percent to 49.5 percent).
• New York, New York, experienced the largest decrease in ADR, dropping 26.6 percent to US$179.83. Four other markets reported ADR decreases of more than 15 percent: San Francisco/San Mateo, California (-19.7 percent to US$117.95); Oahu Island, Hawaii (-18.1 percent to US$149.05); Houston (-17.9 percent to US$85.66); and San Diego, California (-15.3 percent to US$124.30).
• Six markets reported RevPAR decreases of 25 percent or more: Houston (-36.5 percent to US$45.43); New York (-32.0 percent to US$134.69); Detroit (-28.0 percent to US$36.97); San Francisco/San Mateo (-25.7 percent to US$88.70); Los Angeles-Long Beach (-25.6 percent to US$72.73); and Nashville, Tennessee (-25.0 percent to US$47.72).

View U.S. Hotel Review for week ending 11 July.

About STR & STR Global:
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 37,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit
www.strglobal.com or www.HotelNewsNow.com.

Media contacts:
Jeff Higley
Director of Communications/Editorial Director, Digital Media
jeff@smithtravelresearch.com
+1 (615) 824-8664 ext. 3318

Rachael Spann
Communications Coordinator
spann@smithtravelresearch.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
Floating hotels riding high-performance wave
For this GM, it’s about ‘finding the squirrel’
STR, Tourism Economics release 2015 forecast
Here’s the hotel stay of the future
How to reach Chinese travelers on social media
7 concerns for hotel general counsels
VIDEO
Wyndham focused on management
Greg Mount talks RLHC's turnaround
The Lodging Conference in review: Day Two
The Lodging Conference in review: Day One
US supply growth not a problem
LATEST NEWS
ESA midway through renovation schedule
Flood of equity changes hotel deal dynamics
How to disrupt the growth in OTA bookings
Be afraid, OTA CEOs, be very afraid
US hotel openings list
Room to grow as UK budget hotels blur upward
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