HENDERSONVILLE, Tennessee—The U.S. hotel industry experienced increases in all three key performance metrics during the week of 11-17 September 2011, according to data from STR.
In year-over-year comparisons for the week, occupancy rose 5.0 percent to 66.7 percent, average daily rate increased 4.9 percent to US$105.20, and revenue per available room finished the week up 10.1 percent to US$70.15.
Among the Top 25 Markets, Miami-Hialeah, Florida, achieved the largest occupancy increase, rising 19.9 percent to 74.0 percent. Two markets experienced occupancy decreases: St. Louis, Missouri-Illinois (-8.5 percent to 66.1 percent), and Norfolk-Virginia Beach, Virginia (-1.1 percent to 56.7 percent).
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Nashville, Tennessee (+18.2 percent to US$103.85), and San Francisco/San Mateo, California (+18.2 percent to US$183.36) were the only two top markets to report ADR increases of more than 15 percent. Washington, D.C., fell 3.2 percent in ADR to US$156.08, reporting the only decrease in that metric.
Four markets achieved RevPAR increases of more than 25 percent: Miami-Hialeah, Florida (+33. 5 percent to US$90.08); Nashville (+30.1 percent to US$72.69); New Orleans, Louisiana (+28.1 percent to US$63.52); and San Francisco/San Mateo (+25.7 percent to US$173.71). St. Louis reported the largest RevPAR decrease, falling 6.2 percent to US$60.04, followed by Washington, D.C., with a 2.8-percent decrease to US$118.49.
View U.S. hotel review for week ending 17 September.
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