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Hotels in San Diego, Ca. posted largest growth in nation

Staff Writer |
The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 12-18 March 2017, according to data from STR.

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In a year-over-year comparison with the week of 13-19 March 2016:

- Occupancy: -0.6% to 70.0%
- Average daily rate (ADR): +1.3% to $129.93
- Revenue per available room (RevPAR): +0.7% to $90.99

Among the Top 25 Markets, San Diego, California, experienced the largest year-over-year increase in RevPAR (+26.3% to $166.89).

That growth was driven primarily by the week’s only double-digit lift in ADR (+20.4% to $185.28). Occupancy in the market rose 4.9% to 90.1%.

Detroit, Michigan, saw the only double-digit rise in occupancy (+12.8% to 71.1%), which pushed the week’s second-largest jump in RevPAR (+18.2% to $70.30).

St. Louis, Missouri-Illinois, was the third and final market with a double-digit increase in RevPAR (+13.8% to $80.44).

Four Top 25 Markets reported a double-digit decline in RevPAR: San Francisco/San Mateo, California (-20.5% to $168.66); Miami/Hialeah, Florida (-13.9% to $207.82); Philadelphia, Pennsylvania-New Jersey (-13.7% to $75.63); and New York, New York (-13.1% to $190.49).

Miami saw occupancy growth (+1.7% to 90.7%) but reported the week’s largest drop in ADR (-15.4% to $229.03).

San Francisco/San Mateo reported the only other double-digit decrease in ADR (-13.7% to $207.26).

Philadelphia experienced the steepest decline in occupancy (-9.9% to 63.6%).


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