Back To Press Releases

STR: U.S. hotel results for week ending 27 July

Comments 0

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 21-27 July 2019, according to data from STR.

In comparison with the week of 22-28 July 2018, the industry recorded the following:

  • Occupancy: -1.0% to 77.5%
  • Average daily rate (ADR): -0.5% to US$136.00
  • Revenue per available room (RevPAR): -1.6% at US$105.43

Among the Top 25 Markets, Norfolk/Virginia Beach, Virginia, experienced the highest rise in both occupancy (+5.2% to 82.7%) and RevPAR (+5.9% to US$112.44).  

New Orleans, Louisiana, posted the largest lift in ADR (+4.9% to US$121.94).

San Francisco/San Mateo, California, registered the largest decrease in occupancy (-6.2% to 90.0%) and the only double-digit declines in ADR (-17.8% to US$240.40) and RevPAR (-22.9% to US$216.33).

Atlanta, Georgia, saw the second-largest decrease in occupancy (-5.2% to 76.0%).

Chicago, Illinois, reported the second-steepest drop in RevPAR (-8.0% to US$124.81), due primarily to the second-largest decline in ADR (-5.1% to US$151.38).

Overall, 16 of the Top 25 Markets registered 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 Coordinator
hluther@str.com
+1 (615) 824-8664 ext. 3500

0 Comments