STR: U.S. hotel results for week ending 19 October
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 13-19 October 2019, according to data from STR.
In comparison with the week of 14-20 October 2018, the industry recorded the following:
- Occupancy: -0.9% to 72.4%
- Average daily rate (ADR): +0.2% to US$135.99
- Revenue per available room (RevPAR): -0.7% to US$98.51
Among the Top 25 Markets, Washington, D.C.-Maryland-Virginia, posted the largest increase in RevPAR (+18.5% to US$168.38), driven by the only double-digit lift in ADR (+16.6% to US$206.45).
Denver, Colorado, experienced the highest rise in occupancy (+7.4% to 83.7%) and the only other double-digit increase in RevPAR (+14.5% to US$125.68).
Minneapolis/St. Paul, Minnesota-Wisconsin, saw the largest decline in RevPAR (-15.4% to US$87.63), because of the steepest drop in occupancy (-10.9% to 69.9%).
Boston, Massachusetts, recorded the largest decrease in ADR (-7.3% to US$232.72) and the second-steepest decline in RevPAR (-14.1% to US$200.49).
Norfolk/Virginia Beach, Virginia, reported the second-largest drop in occupancy (-7.6% to 66.3%).
Additional Performance Data
STR’s world-leading hotel performance sample comprises 66,000 properties and 8.9 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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.
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