STR: US hotel results for week ending 26 August
 
STR: US hotel results for week ending 26 August
31 AUGUST 2017 7:05 AM

During the week of 20-26 August 2017, the U.S. hotel industry reported occupancy rose 3% year over year to 69.5%, while ADR increased 3.2% to $125.57 and RevPAR rose 6.3% to $87.28.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 20-26 August 2017, according to data from STR.

In comparison with the week of 21-27 August 2016, the industry recorded the following:

  • Occupancy: +3.0% to 69.5%
  • Average daily rate (ADR): +3.2% to US$125.57
  • Revenue per available room (RevPAR): +6.3% to US$87.28

Among the Top 25 Markets, Nashville, Tennessee, reported the largest year-over-year increases in ADR (+21.7% to US$155.04) and RevPAR (+39.4% to US$126.48). Occupancy in Nashville, a key market in the Great American Eclipse path of totality, was up 14.6% to 81.6%.

Four additional Top 25 Markets posted double-digit increases in RevPAR for the week: St. Louis, Missouri-Illinois (+36.8% to US$95.66); Denver, Colorado (+13.7% to US$117.68); Norfolk/Virginia Beach, Virginia (+12.7% to US$98.63); and San Francisco/San Mateo, California (+10.6% to US$204.41).

St. Louis, another key market in the band of totality, recorded the largest increase in occupancy (+18.9% to 80.6%).

Philadelphia, Pennsylvania-New Jersey, experienced the largest drops in ADR (-9.0% to US$123.45) and RevPAR (-14.7% to US$90.47).

New Orleans, Louisiana, reported the only double-digit decrease in occupancy (-10.6% to 53.9%).

Download the U.S. hotel review for the week ending 26 August.

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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