During the week of 11-17 November, U.S. hotel occupancy increased 0.6% to 66.6%, average daily rate rose 2.5% to $127.53 and revenue per available room rose 3.1% to $84.99.
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 11-17 November 2018, according to data from STR.
In comparison with the week of 12-18 November 2017, the industry recorded the following:
- Occupancy: +0.6% to 66.6%
- Average daily rate (ADR): +2.5 to US$127.53
- Revenue per available room (RevPAR): +3.1% to US$84.99
Among the Top 25 Markets, Boston, Massachusetts, registered the largest increases in occupancy (+9.7% to 86.6%) and RevPAR (+21.5% to US$188.52).
San Francisco/ San Mateo, California, posted the largest lift in ADR (+12.0% to US$256.77).
San Diego, California, saw the second-highest increases in occupancy (+5.8% to 77.3%) and RevPAR (+13.9% to US$120.05).
Overall, 17 of the Top 25 Markets reported growth in RevPAR for the week.
Houston, Texas, registered the steepest declines in occupancy (-17.3% to 66.5%) and RevPAR (-23.3% to US$71.92).
Denver, Colorado, reported the second-largest drop in RevPAR (-15.6% to US$92.65), due primarily to the steepest decline in ADR (-7.6% to US$128.84).
Minneapolis/St. Paul, Minnesota-Wisconsin, experienced the only other double-digit decreases in occupancy (-10.1% to 62.3%) and RevPAR (-11.7% to US$71.65).
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