HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 23-29 June 2019, according to data from STR.
In comparison with the week of 24-30 June 2018, the industry recorded the following:
- Occupancy: -0.5% to 75.5%
- Average daily rate (ADR): +1.4% to US$133.83
- Revenue per available room (RevPAR): +0.9% to US$100.99
Among the Top 25 Markets, Philadelphia, Pennsylvania, posted the largest jump in RevPAR (+17.8% to US$130.69), driven by the only double-digit lift in ADR (+12.9% to US$154.82). The market saw the second-highest increase in occupancy (+4.3% to 84.4%).
Phoenix, Arizona, experienced the largest rise in occupancy (+6.6% to 67.3%) and the only other double-digit increase in RevPAR (+13.8% to US$65.40).
Detroit, Michigan, saw the steepest decline in RevPAR (-18.1% to US$80.96), due primarily to the only double-digit drop in occupancy (-13.1% to US$74.9%). ADR in the market fell 5.8% to US$108.03.
Houston, Texas, registered the largest decrease in ADR (-6.3% to US$99.39).
Denver, Colorado, reported the second-largest declines in occupancy (-6.7% to 88.0%) and RevPAR (-10.7% to US$138.39).
Overall, 17 of the Top 25 Markets saw a RevPAR decrease.
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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