STR: US hotel results for week ending 25 June
STR: US hotel results for week ending 25 June
30 JUNE 2016 7:59 AM

In year-over-year hotel performance data, the U.S. reported nearly flat occupancy (-0.1% to 76.8%), while average daily rate increased 4.5% to $128.04 and RevPAR grew 4.4% to $98.29.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mostly positive results in the three key performance metrics during the week of 19-25 June 2016, according to data from STR.

In year-over-year comparisons, the industry’s occupancy was nearly flat (-0.1% to 76.8%). However, average daily rate increased 4.5% to US$128.04, and revenue per available room grew 4.4% to US$98.29.

Among the Top 25 Markets, Tampa/St. Petersburg, Florida, experienced the only double-digit lift in occupancy (+10.3% to 81.6%) as well as the largest increase in RevPAR (+21.1% to US$97.47). ADR in the market rose 9.8% to US$119.46.

Four additional markets reported a double-digit increase in RevPAR for the week: Nashville, Tennessee (+16.4% to US$127.08); Phoenix, Arizona (+12.6% to US$58.46); Washington, D.C.-Maryland-Virginia (+12.4% to US$150.43); and Minneapolis/St. Paul, Minnesota-Wisconsin (+11.7% to US$108.52).

Two markets saw RevPAR fall by double figures: Houston, Texas (-11.6% to US$70.05), and St. Louis, Missouri-Illinois (-10.0% to US$82.41).

Nashville posted the only double-digit rise in ADR (+10.1% to US$145.07), while St. Louis reported the largest drop in ADR (-5.4% to US$105.75).

Houston saw the steepest decline in occupancy (-9.0% to 67.2%).

View the U.S. hotel review for the week of 25 June.

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