This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
US hotel results for week ending 24 March
March 30 2012

In year-over-year comparisons for the week, occupancy was up 1.8% to 63.6%; ADR increased 3.8% to $106.51; and RevPAR was up 5.7% to $67.77.

HNN Newswire

HENDERSONVILLE, Tennessee—The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 March 2012, according to data from STR.

In year-over-year comparisons for the week, occupancy was up 1.8 percent to 63.6 percent, average daily rate increased 3.8 percent to US$106.51 and revenue per available room was up 5.7 percent to US$67.77.

Among the Top 25 Markets, Nashville, Tennessee, reported the largest occupancy increase, up 18.2 percent to 73.7 percent, followed by Houston, Texas, with an 18.0-percent increase to 74.0 percent. Philadelphia, Pennsylvania-New Jersey, fell 9.0 percent in occupancy to 65.4 percent, posting the largest decrease in that metric, followed by Minneapolis-St. Paul, Minnesota-Wisconsin, with a 7.1-percent decrease to 60.4 percent.

Four markets experienced double-digit ADR increases: Miami-Hialeah, Florida (+14.9 percent to US$228.79); Nashville (+11.9 percent to US$99.94); Denver, Colorado (+11.4 percent to US$98.31); and Houston (+10.9 percent to US$102.13). Dallas, Texas (-1.8 percent to US$89.05), and New Orleans, Louisiana (-1.2 percent to US$133.79) ended the week with the only ADR decreases.

Four markets achieved RevPAR increases of more than 20 percent: Nashville (+32.3 percent to US$73.64); Houston (+30.8 percent to US$75.62); Denver (+24.4 percent to US$63.79); and Miami-Hialeah (+20.6 percent to US$207.68). New Orleans fell 7.7 percent in RevPAR to US$101.23, reporting the largest decrease in that metric, followed by Philadelphia with a 7.5-percent decrease to US$78.12.

View U.S. hotel review for week ending 24 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 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

Tiered Wi-Fi emerges as new industry model
Hilton has right idea with new brand
Owners talk OTAs, branding, living wage
Red Roof goes ‘upscale economy’ with Plus+
Development faces hurdles as upswing nears
CitizenM turns to Facebook to promote opening
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
Haase leveraging franchise past at Value Place
Steady gas prices portend strong summer
Argentina faces hurdles amid muted performance
Hotel investors dive back into Spain
Distrikt’s social strategy is worth sharing
How to design hotels for wellness tourism
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