UNITED STATES The U.S. hotel industry has posted increases in all three key performance metrics during the week of May 29 to June 4. Occupancy rose 2.5% year over year to 58.5%, ADR increased 2.7% to US$96.63 and RevPAR finished the week up 5.2% to US$56.55, according to STR.
Among the top 25 U.S. markets, Dallas, reported the largest occupancy increase, rising 13.9% to 58.1%. Dallas was also one of the top RevPAR gainers, jumping 16.6% to US$44.46 for the week, compared to the same period a year ago.
Detroit also showed strong improvement in occupancy, increasing 11.4% to 56.6%. Philadelphia fell 7% in occupancy to 60.4%, posting the largest decrease in that metric, followed by San Francisco (down 4.6% to 73.9%) and New York City (down 3.3% to 77.9%).
Four markets experienced double-digit ADR increases: Nashville (12.6% to US$89.67), Boston (12.4% to US$155.86), Denver (11.3% to US$95.29) and Oahu (10.2% to US$160.20). San Francisco (down 5.3% to US$133.15) and Atlanta (down 3.2% to US$73.55) reported the largest ADR decreases for the week.
Boston posted the week’s largest RevPAR gains, (spiking 23% to US$116.39). Other big RevPAR gainers included Denver (21.4% to US$61.35), Miami (16.2% to US$93.76), Minneapolis-St. Paul (15.7% to US$53.95) and New Orleans (15.1% to US$59.19). San Francisco fell 9.7% in RevPAR to US$98.39, reporting the largest decrease in that metric, followed by Philadelphia, with a 5.6% decrease to US$64.79.