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U.S. hotel industry occupancy rose to 66.1%

Staff Writer |
he U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 12-18 November 2017, according to data from STR.

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In comparison with the week of 13-19 November 2016, the industry recorded occupancy: +0.8% to 66.1%; average daily rate (ADR): +1.9% to $124.65, and revenue per available room (RevPAR): +2.6% to $82.42.

Among the Top 25 Markets, Houston, Texas, reported the largest increase in all three key performance metrics: occupancy (+27.0% to 80.3%), ADR (+11.0% to $117.82) and RevPAR (+40.9% to $94.60).

Miami/Hialeah, Florida, posted the second-highest increase in RevPAR (+22.5% to $155.08), due primarily to the second-largest increase in occupancy (+11.9% to 83.4%)

Two additional markets saw double-digit RevPAR growth: Denver, Colorado (+18.9% to $109.72), and Anaheim/Santa Ana, California (+11.7% to $121.96).

Boston, Massachusetts, reported the steepest declines in ADR (-5.8% to $196.78) and RevPAR (-9.0% to $155.54).

Los Angeles/Long Beach, California, experienced the largest drop in occupancy (-6.1% to 77.9%) and the second-largest decrease in RevPAR (-8.4% to $132.44).

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