STR: US hotel results for week ending 5 August
 
STR: US hotel results for week ending 5 August
10 AUGUST 2017 8:00 AM

The U.S. hotel industry reported mostly negative results during the week of 30 July to 5 August. Occupancy decreased 1.5% to 74.5%, and despite a 0.7% ADR bump to $129, RevPAR dipped 0.8% to $96.08.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 30 July through 5 August 2017, according to data from STR.

In comparison with the week of 31 July through 6 August 2016, the industry recorded the following:

  • Occupancy: -1.5% to 74.5%
  • Average daily rate (ADR): +0.7% to US$129.00
  • Revenue per available room (RevPAR): -0.8% to US$96.08

Among the Top 25 Markets, Detroit, Michigan, posted the largest year-over-year increases in occupancy (+8.3% to 80.4%) and RevPAR (+17.1% to US$83.80).

Two additional markets registered double-digit RevPAR growth for the week: Phoenix, Arizona (+12.3% to US$51.93), and Chicago, Illinois (+11.1% to US$126.90).

The largest ADR increases were reported in Chicago (+8.4% to US$154.91) and San Diego, California (+8.4% to US$201.47).

Philadelphia, Pennsylvania-New Jersey, reported the week’s steepest decline in RevPAR (-25.0% to US$90.31), due mostly to the only double-digit decrease in ADR (-16.0% to US$123.35).

St. Louis, Missouri-Illinois, reported the second-largest drop in RevPAR (-19.2% to US$71.68), which was primarily a result of the week’s largest decrease in occupancy (-14.7% to 69.3%).

Houston, Texas, experienced the second-largest decrease in occupancy (-12.2% to 59.0%).

Download the U.S. hotel review for the week ending 5 August.

North America Media Contacts:

Jeff Higley
VP, Digital Media & Communications
jhigley@str.com
+1 (615) 824-8664 ext. 3318

Nick Minerd
Public Relations Manager
nminerd@str.com
+1 (615) 824-8664 ext. 3305

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at sricca@hotelnewsnow.com. 

No Comments

Comments that include blatant advertisements or links to products or company websites 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 Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.