HENDERSONVILLE, Tennessee—San Francisco/San Mateo experienced the largest increases in all three key performance metrics, during the week of 10-16 June 2012, according to data from STR, parent company of HotelNewsNow.com.
The market’s occupancy grew 12% to 93.5%, its average daily rate increased 37.4% to $200.83 and its revenue per available room jumped 53.9% to $187.75.
Overall, the U.S. hotel industry’s occupancy ended the week with a 2.1% increase to 70.5%, ADR increased 5.2% to $107.14 and RevPAR rose 7.3% to $75.54.
St. Louis reported the only double-digit occupancy increase, other than San Francisco/San Mateo, rising 10.4% to 75.7%. Minneapolis-St. Paul fell 7.3% to 79.1% in occupancy, ending the week with the largest decrease in that metric.
Four markets, other than San Francisco/San Mateo, reported double-digit ADR increases: Philadelphia (+11.9% to $131.30); Los Angeles-Long Beach (+11.6% to $134.19); Oahu Island, Hawaii (+11.4% to $184.11); and San Diego (+10.7% to $138.15). Atlanta (-3.9% to $84.48), and Washington, D.C. (-3.2% to $153.97), reported the largest ADR decreases for the week.
Three markets, excluding San Francisco/San Mateo, experienced RevPAR increases of more than 15%: Los Angeles-Long Beach (+22% to $111.25); Philadelphia (+19.2% to $106.03); and Oahu Island (+16.6% to $157.39). Atlanta posted the only double-digit RevPAR decrease, falling 10.3% to $54.49.
Among the chain-scale segments, the luxury segment reported the largest growth in all three key performance metrics. The segment’s occupancy rose 3.5% to 79%, its ADR was up 7.7% to $267.78 and its RevPAR increased 11.6% to $211.44.
None of the chains-scale segments ended the week with decreases in the three key performance metrics.
