STR

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 2-8 June 2019, according to data from STR.

In comparison with the week of 3-9 June 2018, the industry recorded the following:

• Occupancy: -1.3% to 72.0%
• Average daily rate (ADR): +0.5% to US$132.40
• Revenue per available room (RevPAR): -0.8% to US$95.36

Among the Top 25 Markets, Philadelphia, Pennsylvania, reported the largest increases in each of the three key performance metrics: occupancy (+6.4% to 81.8%), ADR (+16.2% to US$161.23) and RevPAR (+23.7% to US$131.87).

San Francisco/San Mateo, California, experienced the only other double-digit increase in ADR (+13.2% to US$262.40) and the second-largest jump in RevPAR (+14.4% to US$223.45).

Orlando, Florida, registered the only double-digit decrease in RevPAR (-21.5% to US$82.51), due to the only double-digit drop in occupancy (-14.5% to 70.1%) and the steepest decline in ADR (-8.1% to US$117.72).

Two markets matched for the second-largest decrease in RevPAR: Seattle, Washington (-8.0% to US$150.36), and Dallas, Texas (-8.0% to US$74.00).

Overall, 14 of the Top 25 Markets posted a drop in RevPAR.

View U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

Logos, product and company names mentioned are the property of their respective owners.

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