HENDERSONVILLE, Tennessee—New Orleans, Louisiana, reported the largest average-daily-rate and revenue-per-available-room decreases for the week ending 14 November, according to STR weekly numbers.
The market’s ADR dropped 32.7 percent to US$109.43, and RevPAR fell 46.0 percent to US$61.30.
Overall, in year-over-year measurements, the industry’s occupancy fell 6.4 percent to end the week at 52.6 percent, ADR dropped 9.9 percent to US$95.86, and RevPAR decreased 15.7 percent to finish at US$50.47.
Among the Top 25 Markets, San Francisco/San Mateo, California, experienced the largest occupancy increase, jumping 9.7 percent to 79.0 percent.
All of the Top 25 Markets reported decreases in ADR for the week. Nashville, Tennessee, posted the smallest ADR decrease, falling 5.2 percent to US$98.81.
San Francisco/San Mateo was the only market to experience a RevPAR increase, up 1.0 percent to US$111.44.
Source: STR
Source: STR
Read official press release for week ending 14 November 2009 from STR.
