POST Online Media Lite Edition



 

St. Louis, Mo. posts largest year-over-year increases in hotel occupancy

Staff Writer |
The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 18-24 June 2017, according to data from STR.

Article continues below






In comparison with the week of 19-25 June 2016, the industry recorded occupancy: -1.2% to 75.8%, average daily rate (ADR): +1.1% to $129.73, and revenue per available room (RevPAR): -0.1% to $98.31.

Among the Top 25 Markets, St. Louis, Missouri-Illinois, recorded the largest year-over-year increases in occupancy (+6.4% to 82.7%) and RevPAR (+15.8% to $95.41). ADR in the market was up 8.8% to $115.33.

Four additional markets saw a double-digit lift in RevPAR for the week: San Diego, California (+12.6% to $161.25); Atlanta, Georgia (+12.2% to $85.09); New Orleans, Louisiana (+11.3% to $123.76); and Seattle, Washington (+11.1% to $179.32).

New Orleans posted the week’s largest increase in ADR (+16.5% to $164.04). The only other Top 25 Market to show double-digit growth in the metric was San Diego (+10.2% to $180.42).

Houston, Texas, reported the steepest declines in occupancy (-9.0% to 61.1%) and RevPAR (-12.3% to $61.21). ADR in the market dropped 3.6% to $100.16.

San Francisco/San Mateo, California, reported the largest decrease in ADR (-8.0% to $227.49) and the second-largest decline in RevPAR (-10.9% to $202.48).


What to read next

U.S. hotel industry continues to grow
Hotels in Nashville, Tenn. posted double-digit increase in RevPAR
U.S. hotel industry reported flat year-over-year occupancy