STR: US results for week ending 20 February
 
STR: US results for week ending 20 February
25 FEBRUARY 2016 7:40 AM

In year-over-year measurements, the industry’s occupancy increased 0.6% to 64.3%; ADR was up 2.1% to $120.04; and RevPAR rose 2.7% to $77.17.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in the three key performance metrics during the week of 14-20 February 2016, according to data from STR, Inc.

 
In year-over-year measurements, the industry’s occupancy increased 0.6% to 64.3%. Average daily rate for the week was up 2.1% to US$120.04. Revenue per available room rose 2.7% to US$77.17.
 
Among the Top 25 Markets, Nashville, Tennessee, recorded the largest increases in occupancy (+23.0% to 73.4%) and RevPAR (+34.2% to US$91.85). ADR in the market grew 9.1% to US$125.18.
 
Six additional markets reported a double-digit increase in RevPAR: Los Angeles/Long Beach, California (+22.5% to US$161.00); San Francisco/San Mateo, California (+19.8% to US$166.56); Norfolk/Virginia Beach, Virginia (+18.5% to US$35.99); St. Louis, Missouri-Illinois (+14.6% to US$59.57); Dallas, Texas (+13.4% to US$80.29); and Detroit, Michigan (+12.0% to US$61.75).
 
Four markets experienced a double-digit drop in RevPAR: Miami/Hialeah, Florida (-13.9% to US$215.99); New Orleans, Louisiana (-11.4% to US$128.87); Orlando, Florida (-10.0% to US$112.03); and Denver, Colorado (-10.0% to US$76.28).
 
Two markets posted a double-digit rise in ADR: Los Angeles/Long Beach (+15.0% to US$182.18) and San Francisco/San Mateo (+14.9% to US$205.87).
 
Miami/Hialeah (-9.0% to US$252.41) and New Orleans (-8.5% to US$167.43) reported the largest ADR decreases for the week.
 
Norfolk/Virginia Beach (+11.3% to 48.5%) was the only market in addition to Nashville to report a double-digit lift in occupancy. Denver (-10.5% to 66.7%) was the only market to report a double-digit drop in the metric.

View the U.S. hotel review for the week ending 20 February

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

2 Comments

  • Daniel Daniele March 1, 2016 2:00 PM

    U.S.Review of the weekly Table does not come up when clicked on. It states Web page can't be found. Pleased correct.

    Thanks

  • Daniel Daniele March 2, 2016 5:09 PM

    Still not available. Table not found. Will somebody from Hotelnewsnow correct the issue.

    Thanks

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