HENDERSONVILLE, Tennessee—Boston achieved the largest average daily rate and revenue per available room growth during the week of 17-23 June, according to data from STR, parent company of HotelNewsNow.com.
The market’s ADR rose 18.4% to $185.67, its RevPAR increased 23.7% to $166.63 and its occupancy increased 4.4% to 89.7%.
Overall, the U.S. hotel industry ended the week virtually flat in occupancy with a 0.9% increase to 72.2%, ADR increased 4.1% to $107.04 and RevPAR rose 5.1% to $77.28.
Among the top 25 Markets Nashville, Tennessee, saw occupancy increase by 9.6% to 77.9%, reporting the largest increase in that metric, followed by Orlando, Florida, with an 8.6% increase to 78.2%. Tampa-St. Petersburg, Florida, posted the largest occupancy decrease, falling 2.7% to 61.3%, followed by New Orleans with a 2.3% decrease to 69.5%.
New Orleans reported the only ADR decrease, ending the week virtually flat with a 0.7% decrease to $116.39. The market also experienced the largest RevPAR decrease, down 3% to $80.84.
Five top markets, other than Boston, achieved RevPAR growth of more than 15%: Nashville (+21.2% to $79.40); Los Angeles-Long Beach (+18.7% to $117.02); Anaheim-Santa Ana, California (+16.6% to $115.61); Orlando (+16.5% to $74.17); and San Francisco/San Mateo (+16% to $160.20).
