STR: U.S. hotel results for week ending 2 November
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported nearly flat year-over-year results in the three key performance metrics during the week of 27 October through 2 November 2019, according to data from STR.
In comparison with the week of 28 October through 3 November 2018, the industry recorded the following:
- Occupancy: -0.3% to 62.7%
- Average daily rate (ADR): +0.6% to US$126.04
- Revenue per available room (RevPAR): +0.3% to US$79.05
Among the Top 25 Markets, San Francisco/San Mateo, California, saw the largest increases in each of the three key performance metrics: occupancy (+9.9% to 81.7%), ADR (+16.9% to US$237.10) and RevPAR (+28.5% to US$193.78).
Atlanta, Georgia, posted the second-largest lift in ADR (+8.9% to US$109.58), which drove the second-highest jump in RevPAR (+14.7% to US$73.08).
Oahu Island, Hawaii, experienced the second-largest rise in occupancy (+8.1% to 80.2%).
Minneapolis/St. Paul, Minnesota-Wisconsin, recorded the steepest decline in RevPAR (-11.2% to US$63.18), due primarily to the only double-digit drop in occupancy (-10.0% to 55.8%).
Miami/Hialeah, Florida, registered the largest decrease in ADR (-7.0% to US$166.03).
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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