STR: U.S. hotel results for week ending 28 September
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 22-28 September 2019, according to data from STR.
In comparison with the week of 23-29 September 2018, the industry recorded the following:
- Occupancy: -0.4% to 71.2%
- Average daily rate (ADR): -0.5% to US$136.63
- Revenue per available room (RevPAR): -0.8% to US$97.26
Among the Top 25 Markets, New Orleans, Louisiana, experienced the only double-digit rise in occupancy (+14.6% to 70.6%), which resulted in the largest jump in RevPAR (+20.4% to US$104.08).
St. Louis, Missouri-Illinois, posted the largest lift in ADR (+9.8% to US$121.75) and the second-highest increases in occupancy (+6.7% to 77.2%) and RevPAR (+17.2% to US$93.98).
Minneapolis/St. Paul, Minnesota-Wisconsin, saw the only other double-digit rise in RevPAR (+11.7% to US$107.91).
Orlando, Florida, reported the largest decrease in RevPAR (-24.2% to US$75.21), driven by the only double-digit decline in occupancy (-12.3% to 67.1%).
San Francisco/San Mateo, California, posted the steepest drop in ADR (-22.0% to US$287.73) and the second-largest decrease in RevPAR (-21.3% to US$263.55).
Houston, Texas, registered the second-largest decline in ADR (-15.0% to US$104.21), resulting in the third-steepest drop in RevPAR (-17.6% to US$68.13).
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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