This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR: US results for week ending 11 May
May 17 2013

In year-over-year comparisons, occupancy was up 0.1% to 62.7%; ADR rose 3.7% to $109.93; and RevPAR increased 3.8% to $68.94.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in the three key performance metrics during the week of 5-11 May 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 0.1 percent to 62.7 percent, average daily rate rose 3.7 percent to US$109.93 and revenue per available room increased 3.8 percent to US$68.94.

Among the Top 25 Markets, Houston, Texas, reported the largest occupancy increase, rising 20.9 percent to 80.6 percent. The market’s performance was boosted from the Offshore Technology Conference, which was held 6-9 May 2013. St. Louis, Missouri-Illinois (-14.5 percent to 60.6 percent), and New Orleans, Louisiana (-13.5 percent to 70.5 percent), posted the largest occupancy decreases.

Houston grew 56.5 percent in ADR  to US$150.59, achieving the largest increase in that metric. Five other markets reported double-digit ADR increases: Denver, Colorado (+12.8 percent to US$118.77); San Diego (+12.5 percent to US$135.89); Seattle, Washington (+11.8 percent to US$132.27); Dallas, Texas (+11.5 percent to US$99.53); and Oahu Island, Hawaii (+10.0 percent to US$192.94). New Orleans fell 5.8 percent in ADR to US$143.44, posting the largest decrease in that metric.

Four markets experienced RevPAR increases of more than 20 percent: Houston (+89.2 percent to US$121.33); San Diego (+26.1 percent to US$93.96); Seattle (+22.1 percent to US$97.70); and Detroit, Michigan (+20.6 percent to US$55.27). New Orleans reported the largest RevPAR decrease, falling 18.5 percent to US$101.15.

View the U.S. hotel review for the week ending 11 May.

Media Contacts:

Jeff Higley
VP, Digital Media & Communications      
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

COMMENTS   Show All
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff

TRENDING
Keycard ‘revolution’ at Hilton’s front door
Hoteliers can learn from Airbnb’s rebrand
Revenue management tips to capture more demand
Hotel cycle moving to consolidation phase
Affordable luxury propels CitizenM’s growth
How to implement a rooms upselling program
VIDEO
NYU Investment Conference Recap
Hunter Hotel Conference postgame wrap
Bazin outlines Accor investment strategy
Accor's Bazin talks growth
Sébastien Bazin's view from the top
LATEST NEWS
Sorenson unfazed by hotel development growth
8 ways to improve guest satisfaction
Take small steps to total revenue management
Louisville aims to be convention giant
Enhancing a loyalty program with gamification
US hotel conversion list
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy