STR: US hotel results for week ending 5 August

  • STR: US hotel results for week ending 5 August
    STR: US hotel results for week ending 5 August
Fri, 11 August 2017

HENDERSONVILLE, Tennessee -- The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 30 July through 5 August 2017, according to data from STR.

In comparison with the week of 31 July through 6 August 2016, the industry recorded the following:

  • Occupancy: -1.5% to 74.5%
  • Average daily rate (ADR): +0.7% to US$129.00
  • Revenue per available room (RevPAR): -0.8% to US$96.08

Among the Top 25 Markets, Detroit, Michigan, posted the largest year-over-year increases in occupancy (+8.3% to 80.4%) and RevPAR (+17.1% to US$83.80).

Two additional markets registered double-digit RevPAR growth for the week: Phoenix, Arizona (+12.3% to US$51.93), and Chicago, Illinois (+11.1% to US$126.90).

The largest ADR increases were reported in Chicago (+8.4% to US$154.91) and San Diego, California (+8.4% to US$201.47).

Philadelphia, Pennsylvania-New Jersey, reported the week's steepest decline in RevPAR (-25.0% to US$90.31), due mostly to the only double-digit decrease in ADR (-16.0% to US$123.35).

St. Louis, Missouri-Illinois, reported the second-largest drop in RevPAR (-19.2% to US$71.68), which was primarily a result of the week's largest decrease in occupancy (-14.7% to 69.3%).

Houston, Texas, experienced the second-largest decrease in occupancy (-12.2% to 59.0%).

About STR

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 16 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

#STR_Global on Twitter

more on Twitter

Organization

STR
735 East Main Street
Hendersonville, TN 37075
United States
Phone: (615) 824-8664
Fax: (615) 824-3848
Visit Website | Send Email

Social Media

Contact

Jeff Higley (STR)
VP, Digital Media & Communications
Phone: +1 (615) 824-8664 ext. 3318
Send Email

Focus

  • Markets & Performance

Geo Relevance

USA & Canada, United States

Confirm Delete

Are you sure you want to delete the following .

DeleteCancel

Text Length

The maximum length of this field is characters. Your text has been truncated. Please make sure the text length does not exceed the characters limit.

×

You reached the maximum number of words

The maximum number of words for this field is words. Your text has been truncated. Please make sure the text length does not exceed the words limit.

×

×