STR: US results for week ending 10 October
STR: US results for week ending 10 October
15 OCTOBER 2015 7:49 AM
In year-over-year measurements, the industry’s occupancy increased 0.5% to 71.7%; its ADR was up 4.5% to $125.23; and its RevPAR increased 5% to $89.85. 
HENDERSONVILLE, Tennessee—The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 4-10 October 2015, according to data from STR, Inc.
In year-over-year measurements, the industry’s occupancy increased 0.5% to 71.7%. Average daily rate for the week was up 4.5% to US$125.23. Revenue per available room increased 5.0% to finish the week at US$89.85. 
Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota-Wisconsin, reported the only double-digit increase in occupancy (+11.4% to 81.3%) as well as the largest increase in RevPAR (+23.4% to US$102.77). ADR in Minneapolis/St. Paul was up 10.7% to US$126.36. 
Three additional markets saw RevPAR increases of more than 15.0%: San Francisco/San Mateo, California (+18.5% to US$242.59); Atlanta, Georgia (+16.2% to US$80.00); and Nashville, Tennessee (+15.4% to US$121.74).   
Houston, Texas, reported the largest decrease in RevPAR, down 7.7% to US$80.53. 
San Francisco/San Mateo posted the largest rise in ADR, up 15.6% to US$259.55. Overall, four markets reported a double-digit increase in ADR. 
Washington, D.C.-Maryland-Virginia (-3.7% to US$168.63) was the only market to report a drop in ADR. 
Houston experienced the steepest decline in occupancy, down 9.0% to 70.2%. 

View the U.S. hotel review for the week ending 10 October.

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