During the week of 22-28 April, the U.S. hotel industry reported occupancy dipped 0.6% to 69.8%, ADR rose 2.3% to $130.40 and RevPAR increased 1.7% to $91.05.
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 22-28 April 2018, according to data from STR.
In comparison with the week of 23-29 April 2017, the industry recorded the following:
• Occupancy: -0.6% to 69.8%
• Average daily rate (ADR): +2.3% to US$130.40
• Revenue per available room (RevPAR): +1.7% to US$91.05
Among the Top 25 Markets, Detroit, Michigan, registered the only double-digit jump in RevPAR (+17.8% to US$89.18), which came as a result of the largest increases in occupancy (+9.1% to 79.3%) and ADR (+8.0% to US$112.47).
Houston, Texas, reported the second-largest increase in RevPAR (+8.5% to US$80.16).
Miami/Hialeah, Florida, experienced the second-highest rise in occupancy (+2.9% to 83.6%).
Overall, 18 of the Top 25 Markets reported growth in RevPAR.
St. Louis, Missouri-Illinois, saw the steepest declines in occupancy (-15.1% to 66.2%) and RevPAR (-22.5% to US$70.20).
Philadelphia, Pennsylvania-New Jersey, reported the only double-digit drop in ADR (-10.8% to US$143.76) and the second-largest decrease in RevPAR (-15.2% to US$111.85).
Orlando, Florida, experienced the second-largest decline in occupancy (-6.4% to 76.0%).
North America Media Contacts:
Public Relations Manager
+1 (615) 824-8664 ext. 3305
+1 (615) 824-8664 ext. 3500
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 firstname.lastname@example.org.