STR: US hotel results for week ending 21 July
 
STR: US hotel results for week ending 21 July
26 JULY 2018 8:15 AM

For the week of 15-21 July, hotels in the U.S. reported a 0.4% increase in occupancy to 78.3%, a 2.6% rise in ADR to $135.18 and a 3% increase in RevPAR to $105.83.

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 15-21 July 2018, according to data from STR.

In comparison with the week of 16-22 July 2017, the industry recorded the following:

  • Occupancy: +0.4% to 78.3%
  • Average daily rate (ADR): +2.6% to US$135.18
  • Revenue per available room (RevPAR): +3.0% to US$105.83

Among the Top 25 Markets, Chicago, Illinois, reported the largest increase in RevPAR (+21.2% to US$150.09), due primarily to the only double-digit lift in ADR (+13.9% to US$169.84). Occupancy in the market rose 6.4% to 88.4%.

Detroit, Michigan, experienced the highest rise in occupancy (+8.9% to 83.3%) and the second-largest increases in ADR (+9.2% to US$111.67) and RevPAR (+19.0% to US$93.04).

New Orleans, Louisiana, saw the third-highest increase in RevPAR (+9.4% to US$94.95).

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

Boston, Massachusetts, posted the largest decreases in ADR (-3.7% to US$214.25) and RevPAR (-5.4% to US$190.37).

Seattle, Washington, experienced the steepest drop in occupancy (-3.6% to 89.3%) and the second-largest declines in ADR (-1.1% to US$204.64) and RevPAR (-4.6% to US$182.80).

Download STR's weekly U.S. hotel review for the week ending 21 July.

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

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at sricca@hotelnewsnow.com.

No Comments

Comments that include blatant advertisements or links to products or company websites 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.