STR: US hotel results for week ending 9 June
 
STR: US hotel results for week ending 9 June
14 JUNE 2018 8:46 AM

The U.S. hotel industry reported occupancy dipped 0.2% to 72.9% during the week of 3-9 June. ADR rose 2.5% to $131.38 to raise RevPAR up 2.3% to $95.82.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 3-9 June 2018, according to data from STR.

In comparison with the week of 4-10 June 2017, the industry recorded the following:

• Occupancy: -0.2% to 72.9%
• Average daily rate (ADR): +2.5% to US$131.38
• Revenue per available room (RevPAR): +2.3% to US$95.82

Among the Top 25 Markets, Orlando, Florida, registered the largest increases in each of the three key performance metrics: occupancy (+8.1% to 82.1%), ADR (+16.2% to US$131.28) and RevPAR (+25.7% to US$107.77).

Boston, Massachusetts, posted the second-highest lift in ADR (+9.8% to US$240.63), which drove the second-largest jump in RevPAR (+11.3% to US$208.99).

Minneapolis/St. Paul, Minnesota-Wisconsin, reported the third-largest increase in RevPAR (+10.0% to US$97.18), due primarily to the second-highest rise in occupancy (+6.1% to 78.4%).

Overall, 16 of the Top 25 Markets reported an increase in RevPAR.

Denver, Colorado, reported the largest decreases in ADR (-5.2% to US$139.72) and RevPAR (-12.0% to US$117.03).

Seattle, Washington, experienced the steepest decline in occupancy (-8.4% to 84.1%), which resulted in the only other double-digit decrease in RevPAR (-11.7% to US$163.94).

Download STR's U.S. hotel review for the week ending 9 June.

North America Media Contacts:
Nick Minerd
Public Relations Manager
nminerd@str.com
+1 (615) 824-8664 ext. 3305

Haley Luther
Communications Associate
hluther@str.com
+1 (615) 824-8664 ext. 3500

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