HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 16-22 June 2019, according to data from STR.
In comparison with the week of 17-23 June 2018, the industry recorded the following:
- Occupancy: -0.6% to 75.5%
- Average daily rate (ADR): +0.8% to US$134.83
- Revenue per available room (RevPAR): +0.2% to US$101.80
Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota, registered the largest increase in RevPAR (+13.5% to US$123.21), due primarily to the largest lift in ADR (+8.2% to US$141.35). The market saw the second-highest rise in occupancy (+4.9% to 87.2%).
Phoenix, Arizona, experienced the largest jump in occupancy (+6.0% to 67.9%) and the only other double-digit increase in RevPAR (+12.3% to US$66.71).
St. Louis, Missouri-Illinois, reported the third-highest lift in RevPAR (+9.1% to US$93.27).
Overall, 12 of the Top 25 Markets registered a RevPAR increase.
Detroit, Michigan, saw the steepest declines in occupancy (-5.8% to 73.6%) and RevPAR (-7.8% to US$77.70).
Houston, Texas, registered the largest drop in ADR (-5.5% to US$100.28).
Additional Performance Data
Are you a member of the media looking for performance data for a hotel market not included in this release? STR’s sample comprises more than 65,000 hotels and 8.8 million hotel rooms around the globe. Please refer to the contacts listed below for additional data requests.
About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.
North America Media Contacts:
Nick Minerd
Senior Director, Communications
nminerd@str.com
+1 (615) 824-8664 ext. 3305
Haley Luther
Communications Associate
hluther@str.com
+1 (615) 824-8664 ext. 3500
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