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 US performance for week ending 18 July 2009
July 23 2009

The U.S. hotel industry posted declines in all three key performance measurements during the week of 12-18 July 2009, according to data from STR.

HENDERSONVILLE, Tennessee—The U.S. hotel industry posted declines in all three key performance measurements during the week of 12-18 July 2009, according to data from STR.

In year-over-year measurements, the industry’s occupancy fell 8.9 percent to end the week at 66.2 percent. Average daily rate dropped 9.4 percent to finish the week at US$97.33. Revenue per available room for the week decreased 17.5 percent to finish at US$64.41.

Two of the Top 25 Markets reported increases in all three key performance measurements for the week. New Orleans, Louisiana, was up in occupancy 7.1 percent to 68.6 percent, rose in ADR 4.7 percent to US$102.79 and increased in RevPAR 12.2 percent to US$70.55. St. Louis, Missouri-Illinois, which received a boost playing host to the 2009 Major League Baseball All-Star Game on July 14, 2009, was virtually flat in occupancy with a 0.4-percent increase to 74.3 percent. The market was up 5.1 percent to US$97.72 in ADR and 5.5 percent to US$72.57 in RevPAR.

The Top 25 Markets reported mixed results in year-over-year comparisons. Other performance highlights include:

• San Diego, California, experienced a 2.5-percent increase in occupancy to 85.4 percent. Oahu Island, Hawaii, was virtually flat in occupancy for the week with a 0.5-percent increase to 88.2 percent.
• Detroit, Michigan (-14.7 percent to 54.6 percent) and Houston, Texas (-14.7 percent to 59.4 percent) posted the largest occupancy decreases, followed by Atlanta, Georgia (-14.5 percent to 63.0 percent) and Miami-Hialeah, Florida (-14.5 percent to 64.4 percent).
• New York, New York, reported the largest drop in ADR, which was down 29.3 percent to US$188.37. Three other markets experienced ADR decreases of more than 15 percent: San Francisco/San Mateo, California (-22.2 percent to US$134.38); Oahu Island (-15.5 percent to US$154.24); and Los Angeles-Long Beach, California (-15.4 percent to US$117.99).
• Two of the Top 25 Markets reported single-digit RevPAR decreases: Boston, Massachusetts (-9.4 percent to US$108.86) and San Diego (-8.1 percent to US$116.96).
• Four markets posted RevPAR declines of more than 25 percent: New York (-34.3 percent to US$157.51); Atlanta (-26.8 percent to US$53.93); San Francisco/San Mateo (-25.4 percent to US$115.16); and Los Angeles-Long Beach (-25.2 percent to US$86.68).

View U.S. Hotel Review for week ending 18 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
IHG loses 7 Kimptons in San Francisco
What business travelers want from hotels
Growing lifestyle segment faces challenges
Study: OTAs continue to steal market share
Starwood Hotels CEO mum on sale rumors
OTA European parity changes mean little
VIDEO
Apple stays true to its core post IPO
MCR pursuing smart hotel development
Deconstructing a guest review
With every great opportunity? A challenge
The time to build is now
LATEST NEWS
Study: OTAs continue to steal market share
Accor drives performance via diversification
Delta additions contribute to Marriott growth
Beyond Big Data: Why Watson is the future
Starwood Hotels CEO mum on sale rumors
IHG loses 7 Kimptons in San Francisco
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