STR: US results for week ending 7 September
 
STR: US results for week ending 7 September
13 SEPTEMBER 2013 6:11 AM

In year-over-year comparisons, occupancy fell 1.9% to 56.5%; ADR was down 0.4% to $102.58; and RevPAR decreased 2.3% to $57.98.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported decreases in the three key performance metrics during the week of 1-7 September 2013, according to data from STR.

In year-over-year comparisons, occupancy fell 1.9 percent to 56.5 percent, average daily rate was down 0.4 percent to US$102.58, and revenue per available room decreased 2.3 percent to US$57.98.

"Rosh Hashanah and Labor Day had an adverse effect on hotel performance last week,” said Jan Freitag, senior VP of strategic development at STR. “RevPAR declined as both ADR and occupancy dropped from the same week last year. Of all the Chain Scales, only Economy properties reported a very slight lift in RevPAR. The last end of summer vacation rush lifted resort RevPAR by 3.9 percent, driven by a 5.8-percent increase in ADR."

Among the Top 25 Markets, Denver, Colorado, reported the only double-digit occupancy increase, rising 10.7 percent to 68.8 percent. New Orleans, Louisiana, fell 37.0 percent in occupancy to 46.5 percent, posting the largest decrease in that metric. Washington, D.C., followed with an 11.8-percent decrease to 49.7 percent.

Oahu Island, Hawaii, rose 14.3 percent in ADR to US$206.15, achieving the largest increase in that metric, followed by Anaheim-Santa Ana, California, with a 7.7-percent increase to US$121.75. Washington, D.C., fell 12.2 percent in ADR to US$112.91, reporting the largest decrease in that metric.

Four markets experienced double-digit RevPAR increases: Nashville, Tennessee (+14.9 percent to US$52.46); Denver (+13.1 percent to US$64.54); Oahu Island (+13.1 percent to US$166.11); and Anaheim-Santa Ana (+10.0 percent to US$77.14). New Orleans (-40.1 percent to US$50.67) and Washington, D.C. (-22.6 percent to US$56.15), reported the largest RevPAR decreases for the week.

View the U.S. hotel review for the week ending 7 September.

Media Contacts:

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

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

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.