STR: US hotel results for week ending 6 April
 
STR: US hotel results for week ending 6 April
11 APRIL 2019 11:31 AM

The U.S. hotel industry reported RevPAR rose 1.9% to $89.90 during the week of 31 March to 6 April, according to STR.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 31 March through 6 April 2019, according to data from STR.

In comparison with the week of 1-7 April 2018, the industry recorded the following:

• Occupancy: +0.4% to 68.7%
• Average daily rate (ADR): +1.5% to US$130.79
• Revenue per available room (RevPAR): +1.9% to US$89.90

STR analysts note that performance growth was lifted due to comparison with Easter Sunday and the days immediately following in 2018.

Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota-Wisconsin, posted the largest jump in RevPAR (+55.1% to US$106.96), driven by the highest lift in ADR (+41.6% to US$158.33). The market saw the second-largest increase in occupancy (+9.5% to 67.6%).

Chicago, Illinois, experienced the only double-digit rise in occupancy (+11.0% to 70.4%) and the second-largest jump in RevPAR (+22.8% to US$97.58).

Atlanta, Georgia, posted the second-highest lift in ADR (+15.9% to US$121.00).

Miami/Hialeah, Florida, registered the steepest decline in RevPAR (-18.0% to US182.37), due primarily to the only double-digit drop in ADR (-12.2% to US$224.37).

Norfolk/Virginia Beach, Virginia, experienced the largest decrease in occupancy (-9.7% to 64.8%).

Download STR's U.S. hotel review here.

North America Media Contacts:


Nick Minerd
Communications Director
nminerd@str.com
+1 (615) 824-8664 ext. 3305

Haley Luther
Communications Associate
hluther@str.com
+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 sricca@hotelnewsnow.com.

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.