U.S. hotel occupancy decreased 1.6% to 76.1% during the week of 8-14 July, according to STR. ADR climbed 1.2% to $132.14 during the week, but RevPAR dipped 0.4% to $100.56.
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 8-14 July 2018, according to data from STR.
In comparison with the week of 9-15 July 2017, the industry recorded the following:
- Occupancy: -1.6% to 76.1%
- Average daily rate (ADR): +1.2% to US$132.14
- Revenue per available room (RevPAR): -0.4% to US$100.56
Among the Top 25 Markets, Houston, Texas, registered the only double-digit increase in RevPAR (+18.8% to US$71.85), due primarily the only double-digit lift in ADR (+12.1% to US$106.35).
New Orleans, Louisiana, experienced the largest rise in occupancy (+7.1% to 72.7%), which resulted in the second-highest jump in RevPAR (+8.6% to US$95.48).
Chicago, Illinois, posted the second-largest lift in ADR (+6.2% to US$155.18).
Washington, D.C.-Maryland-Virginia, reported the only double-digit declines in ADR (-11.0% to US$144.74) and RevPAR (-17.8% to US$116.81).
Miami/Hialeah, Florida, experienced the steepest drop in occupancy (-9.9% to 75.2%) and the second-largest decline in RevPAR (-7.4% to US$122.46).
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