UNITED STATES The U.S. hotel industry reported significant year-over-year increases in the three key performance metrics during the week of October 3 to 9, according to data from STR.
Occupancy increased 6.5% to 63.6%, while ADR was up 2.2% to US$101.58 and RevPAR jumped 8.8% to US$64.62.
All but four of the top 25 U.S. markets reported occupancy increases for the week, led by Dallas (up 19.3% to 62.7%), New Orleans, (up 18.7% to 75.7%), Atlanta (up 15.8% to 64.1%) and Detroit (up 15.8% to 59.7%). The St. Louis metro area suffered the largest occupancy decline, down 4.4% to 60.8%.
Atlanta experienced the largest ADR increase for the week, rising 10.8% to US$94.64, followed by New York City, up 10.2% to US$280.39. Denver and St. Louis posted the largest ADR drops, each down 3.4% to US$99.13 and US$82.31, respectively.
Five markets posted RevPAR increases of more than 15%: New Orleans (up 29.3% to US$97.52), Atlanta (up 28.4% to US$60.71), Dallas (up 19.8% to US$55.86), Miami-Hialeah (up 17.9% to US$93.06) and Orlando (up 15.7% to US$58.16). Two markets reported RevPAR decreases of more than 5%: St. Louis (down 7.6% to US$50.07) and Denver (down 5.3% to US$65.80).