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 hotel performance for April
May 22 2012

The U.S. hotel industry’s occupancy rose 1.4% to 61.8%; its ADR was up 5% to $105.71; and its RevPAR increased 6.4%to $65.34.

HENDERSONVILLE, Tennessee—The U.S. hotel industry in April reported increases in all three key performance metrics, according to data from STR.

Overall, the U.S. hotel industry’s occupancy rose 1.4 percent to 61.8 percent, its average daily rate was up 5.0 percent to US$105.71 and its revenue per available room increased 6.4 percent to US$65.34.

“Demand appeared to slow down—particularly leisure demand in the Midscale and Economy chain scales—and two less weekend days this April (comparable days from April 2011) contributed to the demand slow down,” said Brad Garner, COO at STR. “Impressively, ADR growth for the month reached 5.0 percent for the first time since April of 2008. We fully anticipate meaningful ADR growth to be a consistent story line this summer and the remainder of the year.”

Among the Top 25 Markets, Houston, Texas, rose 6.7 percent in occupancy to 68.0 percent, reporting the largest increase in that metric, followed by Chicago, Illinois (+6.1 percent to 66.3 percent), and Los Angeles-Long Beach, California (+6.1 percent to 75.2 percent). Minneapolis-St. Paul, Minnesota-Wisconsin, posted the largest occupancy decrease, falling 4.7 percent to 60.7 percent.

Three markets experienced double-digit ADR increases: New Orleans, Louisiana (+11.6 percent to US$154); San Francisco/San Mateo, California (+11.3 percent to US$152.44); and Chicago (+10.1 percent to US$119.96). None of the top markets reported ADR decreases for the month.

Chicago jumped 16.8 percent in RevPAR to US$79.50, reporting the largest increase in that metric, followed by San Francisco/San Mateo (+14.4 percent to US$119.06) and Los Angeles-Long Beach (+13.5 percent to US$96.39). Atlanta, Georgia, ended the month virtually flat in RevPAR with a 0.9-percent decline to US$51.39, reporting the largest decrease in that metric.

View U.S. hotel review for the month of April.

Media Contacts:

Jeff Higley
VP, Digital Media & Communication

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
Caesars' Chapter 11 filing: 5 things to know
German parity ruling opens doors for hoteliers
Hyatt unveils Centric to fill ‘lifestyle’ void
How independents find dynamic distribution mix
Converting group business via online channels
Hoteliers adjust to new accounting guidelines
VIDEO
ALIS 2015 Day One recap
ALIS 2015 Day Two recap
Peaking occupancy: How high can we get?
Wyndham focused on management
Greg Mount talks RLHC's turnaround
LATEST NEWS
Hampshire Hotels launches Début Hotel Group
Delta buy to add fuel to Marriott’s growth
HNN@ALIS: Day Two recap
Video: ALIS 2015 Day Two recap
Career advice to women in the hotel industry
CapEx top of mind at ALIS
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