HENDERSONVILLE, Tennessee—Of the Top 25 markets tracked by Smith Travel Research, Anaheim-Santa Ana, California, experienced the largest occupancy increase, up 9.1 percent to 65.5 percent, during the week ending 31 October.

Four other markets reported occupancy increases of more than 5 percent: Oahu Island, Hawaii (+8.7 percent to 75.0 percent); Boston, Massachusetts (+7.2 percent to 71.4 percent); Denver, Colorado (+6.2 percent to 58.0 percent); and New York, New York (+5.4 percent to 85.1 percent).
 
Overall, in year-over-year measurements, the industry’s occupancy fell 7.2 percent to end the week at 51.8 percent, average daily rate dropped 7.2 percent to US$98.99, and revenue per available decreased 13.8 percent to US$51.28.

Four markets experienced ADR decreases of more than 15 percent: New York (-17.2 percent to US$265.59); Phoenix, Arizona (-16.7 percent to US$102.52); Miami-Hialeah, Florida (-15.4 percent to US$125.57); and Chicago, Illinois (-15.3 percent to US$122.03).

New Orleans, Louisiana, led the RevPAR increases, up 5.0 percent to US$86.15, followed by San Diego, California (+4.7 percent to US$89.41), Boston (+4.6 percent to US$111.80) and Oahu Island (+4.5 percent to US$114.94).

Source: STR

 Read official press release for week ending 31 October 2009 from STR.