STR: US results for week ending 22 August
STR: US results for week ending 22 August
27 AUGUST 2015 8:13 AM
In year-over-year measurements, the industry’s occupancy increased 0.6% to 71.2%; its ADR was up 3.4% to $119.75; and its RevPAR increased 4.1% to $85.22.
HENDERSONVILLE, Tennessee—The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 16-22 August 2015, according to data from STR, Inc.
In year-over-year measurements, the industry’s occupancy increased 0.6% to 71.2%. Average daily rate for the week was up 3.4% to US$119.75. Revenue per available room increased 4.1% to finish the week at US$85.22.
Six of the Top 25 Markets reported double-digit increases in RevPAR: Orlando, Florida (+17.0% to US$63.28); New Orleans, Louisiana (+15.5% to US$61.63); Denver, Colorado (+13.2% to US$116.09); Boston, Massachusetts (+12.5% to US$174.92); Dallas, Texas (+11.3% to US$68.40); and Philadelphia, Pennsylvania-New Jersey (+11.2% to US$93.73). 
Minneapolis/St. Paul, Minnesota-Wisconsin, reported the largest RevPAR decrease, down 12.7% to US$91.79. 
Two markets posted double-digit ADR increases: Denver (+11.1% to US$133.56) and Boston (+10.4% to US$196.71).  
New York, New York, recorded the largest ADR decrease for the week, down 4.1% to US$228.60. Minneapolis/St. Paul (-2.3% to US$117.88) was the only other market to report a drop in ADR for the week. 
Orlando experienced the largest occupancy increase, up 9.8% to 68.3%. 
Minneapolis/St. Paul saw the steepest occupancy decline, down 10.6% to 77.9%. 

View the U.S. hotel review for the week ending 22 August.

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