STR: U.S. hotel results for week ending 26 October
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported overall flat year-over-year results in the three key performance metrics during the week of 20-26 October 2019, according to data from STR.
In comparison with the week of 21-27 October 2018, the industry recorded the following:
- Occupancy: -0.2% to 70.5%
- Average daily rate (ADR): +0.2% to US$135.00
- Revenue per available room (RevPAR): flat at US$95.15
Among the Top 25 Markets, Dallas, Texas, experienced the only double-digit rise in occupancy (+10.5% to 79.1%), which resulted in the largest jump in RevPAR (+16.6% to US$95.48).
Washington, D.C.-Maryland-Virginia, posted the highest lift in ADR (+9.0% to US$195.20) and the second-largest increase in RevPAR (+10.9% to US$161.14).
San Francisco/San Mateo, California, saw the largest decline in RevPAR (-15.1% to US$227.52), because of the only double-digit drop in ADR (-15.4% to US$257.17).
New Orleans, Louisiana, recorded the largest drop in occupancy (-8.3% to 79.3%) and the second-steepest decreases in ADR (-7.2% to US$177.67) and RevPAR (-14.9% to US$140.85).
San Diego, California, registered the only other double-digit decline in RevPAR (-10.3% to US$129.79).
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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