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STR: US hotel results for week ending 25 July
30 JULY 2015
6:46 AM
In year-over-year measurements, the industry’s occupancy increased 1.5% to 79.1%; its ADR was up 5.1% to $125.04; and its RevPAR increased 6.6% to $98.91.
HENDERSONVILLE, Tennessee—The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 19-25 July 2015, according to data from STR, Inc.
In year-over-year measurements, the industry’s occupancy increased 1.5% to 79.1%. Average daily rate for the week was up 5.1% to US$125.04. Revenue per available room increased 6.6% to finish the week at US$98.91.
Four of the Top 25 Markets reported RevPAR increases of more than 15.0%: Orlando, Florida (+23.8% to US$94.05); Boston, Massachusetts (+19.8% to US$194.80); Nashville, Tennessee (+16.1% to US$108.42); and Los Angeles/Long Beach, California (+15.7% to US$171.72).
Philadelphia, Pennsylvania-New Jersey, reported the largest RevPAR decrease for the week, down 8.0% to US$94.65.
Seven markets posted double-digit ADR increases, led by Boston (+16.1% to US$207.91). Orlando (+14.7% to US$110.29) and Los Angeles/Long Beach (+14.6% to US$185.58) followed in ADR growth for the week.
San Diego, California, reported the largest drop in ADR, down 9.1% to US$191.01.
Orlando (+8.0% to 85.3%) experienced the largest occupancy increase, while Oahu Island, Hawaii (-4.6% to 87.1%), saw the largest occupancy decline.
View the U.S. hotel review for the week ending 25 July.
View the U.S. hotel review for the week ending 25 July.
Media Contacts:
Jeff Higley
VP, Digital Media & Communications
jhigley@str.com
+1 (615) 824-8664 ext. 3318
Nick Minerd
Public Relations Coordinator
nminerd@str.com
+1 (615) 824-8664 ext. 3305
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