HENDERSONVILLE, Tennessee—The U.S. hotel industry reported increases in all three key performance metrics during the week of 10-16 April 2011, according to data from STR.
In year-over-year comparisons, occupancy was up 4.8 percent to 63.2 percent, average daily rate increased 3.6 percent to US$102.28, and revenue per available room finished the week up 8.5 percent to US$64.67.
Among the Top 25 Markets, Oahu Island, Hawaii, achieved the largest increases in all three key performance metrics. The market’s occupancy rose 17.5 percent to 83.8 percent, ADR was up 18.2 percent to US$174.08, and RevPAR jumped 38.8 percent to US$145.95. The market’s performance was boosted by the American Academy of Neurology Annual Meeting held 9-16 April 2011.
St. Louis, Missouri-Illinois, reported the largest occupancy decrease, falling 9.1 percent to 57.2 percent. Washington, D.C., followed with a 5.0-percent decrease to 76.9 percent.
Two markets, other than Oahu Island, posted double-digit ADR increases: Miami-Hialeah, Florida (+15.6 percent to US$168.94), and San Francisco/San Mateo, California (+11.8 percent to US$145.67). St. Louis fell 5.9 percent in ADR to US$81.17, reporting the largest decrease in that metric.
Three markets, excluding Oahu Island, experienced RevPAR increases of 20 percent or more: Miami-Hialeah (+30.8 percent to US$136.51); Orlando, Florida (+21.8 percent to US$74.53); and Houston, Texas (+20.0 percent to US$63.50). St. Louis posted the only double-digit RevPAR decrease, falling 14.5 percent to US$46.41.
View U.S. hotel review for week ending 16 April.
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
+1 (615) 824-8664 ext. 3305