Dallas among top performing hotel markets in early June

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.