HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 29 July through 4 August 2018, according to data from STR.

In comparison with the week of 30 July through 5 August 2017, the industry recorded the following:

• Occupancy: +1.0% to 75.3%
• Average daily rate (ADR): +3.1% to US$132.88
• Revenue per available room (RevPAR): +4.1% to US$100.07

Among the Top 25 Markets Chicago, Illinois, posted the largest increase in RevPAR (+15.2% to US$146.20), due primarily to the only double-digit lift in ADR (+11.0% to US$171.97).

St. Louis, Missouri-Illinois, experienced the largest rise in occupancy (+9.5% to 76.1) and the second-highest jump in RevPAR (+14.6% to US$81.55).

Boston, Massachusetts, registered the second-largest increase in ADR (+6.8% to US$220.13) and the only other double-digit increase in RevPAR (+12.0% to US$199.93).

Overall, 21 of the Top 25 Markets registered an increase in RevPAR.

Denver, Colorado, reported the only double-digit decrease in RevPAR (-10.0% to US$118.34), due to the largest decreases in occupancy (-5.4% to 84.5%) and ADR (-4.8% to US$140.02).

Norfolk/Virginia Beach, Virginia, experienced the second-largest drops in occupancy (-3.8% to 76.1%) and RevPAR (-5.1% to US$99.75).

Download STR's U.S. hotel review for the week ending 4 August.

North America Media Contacts:
Nick Minerd
Communications Director
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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