Article Summary: During the week of 1-7 September, U.S. hotel occupancy dipped 1.1% to 61%, ADR declined 1% to $121.37 and RevPAR fell 2.1% to $73.97.
During the week of 1-7 September, U.S. hotel occupancy dipped 1.1% to 61%, ADR declined 1% to $121.37 and RevPAR fell 2.1% to $73.97.
Primary Category: Weekly Data
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 1-7 September 2019, according to data from STR.
In comparison with the week of 2-8 September 2018, the industry recorded the following:
• Occupancy: -1.1% to 61.0%
• Average daily rate (ADR): -1.0% to US$121.37
• Revenue per available room (RevPAR): -2.1% at US$73.97
Among the Top 25 Markets, New Orleans, Louisiana, experienced the highest rise in occupancy (+22.7% to 59.0%), which resulted in the largest increase in RevPAR (+24.2% to US$69.58).
San Francisco/San Mateo, California, posted the largest lift in ADR (+6.2% to US$229.90).
Atlanta, Georgia, historically an evacuation market for those fleeing hurricanes in Florida, saw the only other double-digit increases in occupancy (+16.6% to 68.5%) and RevPAR (+23.6% to US$71.78).
Reflective of the anticipation of Hurricane Dorian’s landfall, Miami/Hialeah, Florida, reported the steepest decline in RevPAR (-27.0% to US$60.47), due primarily to the largest drop in occupancy (-20.8% to 47.6%). The market registered the second-largest decrease in ADR (-7.9% to US$127.12).
Orlando, Florida, experienced the only other double-digit decline in occupancy (-14.8% to 51.9%) and the third-largest decrease in RevPAR (-13.7% to US$51.13).
New York, New York, posted the largest drop in ADR (-8.3% to US$251.71).
Additional Performance Data
Are you a member of the media looking for performance data for a hotel market not included in this release? STR’s sample comprises more than 65,000 hotels and 8.8 million hotel rooms around the globe. Please refer to the contacts listed below for additional data requests.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.
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Senior Director, Communications
+1 (615) 824-8664 ext. 3305
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Headline: STR: US hotel results for week ending 7 September
Article Date: 9/12/2019
Article Time: 9:09:00 AM