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Boston leads RevPAR gains in STR weekly numbers
 

12 November 2009 8:17 AM
By Rachael Spann Urie
Communications Coordinator, STR
HotelNewsNow.com columnist
rurie@str.com
 

HENDERSONVILLE, Tennessee—Boston, Massachusetts, reported strong occupancy and revenue-per-available-room increases for the week ending 7 November, according to Smith Travel Research’s weekly numbers. The markets occupancy rose 11.0 percent to 69.2 percent, and RevPAR jumped 9.5 percent to US$103.21.

Overall, in year-over-year measurements, the industry’s occupancy fell 3.6 percent to 54.8 percent, average daily rate dropped 8.5 percent US$97.19, and RevPAR decreased 11.8 percent to US$53.29.

Among the Top 25 Markets, New Orleans, Louisiana, reported the largest occupancy increase, jumping 14.7 percent to 64.7 percent. Houston, Texas, posted the greatest occupancy decrease, falling 30.0 percent to 55.5 percent.

None of the Top 25 Markets reported increases in ADR for the week. Philadelphia, Pennsylvania-New Jersey, reported the largest ADR decrease, falling 20.1 percent to US$114.79.

Houston posted the largest RevPAR decrease, falling 40.2 percent to US$50.31, followed by Phoenix (-24.5 percent to US$62.45), Anaheim-Santa Ana, California (-24.3 percent to US$53.71), and Philadelphia (-24.0 percent to US$75.27).

Read full press release from Smith Travel Research.

Source: STR

Source: STR

Source: STR



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