US hotels perform better

The U.S. hotel industry in November reported increases in all three key performance metrics, according to data from STR.

Overall, the U.S. hotel industry’s occupancy rose 4.7% to 55.7%, its average daily rate was up 4.3% to US$100.85 and its revenue per available room increased 9.2% to US$56.17.

Among the Top 25 Markets, Nashville, Tennessee, experienced the largest occupancy increase, rising 16.1% to 60%, followed by Detroit, up 13.5% to 60.3%, and Houston, up 10.9% to 60.7%. New Orleans fell 10.6% in occupancy to 59.5%, posting the only double-digit decrease in that metric.

San Francisco/San Mateo, California, increased 19.5% in ADR to US$158.42, reporting the largest increase in that metric. Three other markets achieved double-digit ADR increases: Oahu Island, Hawaii, up 14.4% to US$173.67), Miami-Hialeah, Florida, up 13.6% to US$151.10 and Philadelphia, Pennsylvania-New Jersey, up 10.2% to US$121.50). Atlanta, Georgia, fell 4.1% in ADR to US$81.51, reporting the largest decrease in that metric, followed by Denver, Colorado, with a 3.0% decrease to US$96.08.

San Francisco/San Mateo also posted the largest RevPAR increase, up 31.4% to US$118.78, followed by Nashville, up 22.9% to US$55.83 and Miami-Hialeah, up 22.4% to US$118.58. New Orleans reported the largest RevPAR decrease, falling 12.4% to US$73.14, followed by Denver with a 7% decrease to US$53.12.