This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here     

Oahu Island hotel market tops weekly results

Bookmark and Share

 

10 May 2012
By Rachael Spann Urie
Director, Public Relations, STR
rurie@str.com

HENDERSONVILLE, Tennessee—Oahu Island, Hawaii, led the top 25 U.S. markets in performance increases during the week of 29 April-5 May, according to data from STR.

The market’s occupancy rose 16% to 83.9%, its average daily rate was up 13.2% to $186.75, and its revenue per available room jumped 31.4% to $156.73.

Overall, the U.S. hotel industry’s occupancy was up 5.1% to 63.2%, its ADR increased 5.2% to $107.18 and its RevPAR jumped 10.5% to $67.70.

Philadelphia posted the largest occupancy decrease, falling 2.4% to 68.6%.

New Orleans was the only market, other than Oahu Island, to report a double-digit ADR increase, rising 12.5% to $164.46. Washington, D.C., fell 2.1% in ADR to $159.35, reporting the largest decrease in that metric.

Philadelphia was the only top market to report a RevPAR decrease, falling 1.1% to $86.19.

Among the chain-scale segments, the midscale segment reported the largest occupancy gain with an increase of 6.7% to 56.6%, followed by the independent segment (+6.3% to 59.6%) and the luxury segment (+6% to 78%).

The independent segment reported the largest increases in ADR (+6% to $102.39) and RevPAR (+12.6% to $60.99) for the week.

Bookmark and Share





0 Comments
Show All



Login
Or enter a name to post your comment:

Post Your Comment

(4000 charcters 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 HotelNewsNow.com or its parent company, Smith Travel Research and its affiliated companies. Please report any violations to our editorial staff.



Follow HotelNewsNow.com on Twitter Subscribe to the HotelNewsNow.com RSS Feed Connect with HotelNewsNow.com on LinkedIn