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U.S. hotel industry performance declines

Staff Writer |
The U.S. hotel industry reported performance declines during the week of 5-11 February, according to STR.

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Occupancy fell 4.4% to 59.6%, ADR decreased 1.6% to $121.43 and RevPAR dropped 5.9% to $72.41.

Among the Top 25 Markets, Seattle, Washington, recorded the week’s only double-digit increase in occupancy (+11.3% to 78.0%) and the largest lift in RevPAR (+23.5% to $112.37). ADR in the market rose 11.0% to $144.03.

Super Bowl LI host, Houston, Texas, posted the largest rise in ADR (+24.8% to $142.91), driving the second largest increase in RevPAR (+21.8% to $95.25). Occupancy in the market dipped 2.4% to 66.6%.

Of the 20 markets to report a RevPAR decrease for the week, four saw a double-digit decline in the metric: Miami/Hialeah, Florida (-24.9% to $180.01); New Orleans, Louisiana (-22.5% to $106.45); San Francisco/San Mateo, California (-14.5% to $179.21); and San Diego, California (-12.1% to $108.53).

Three markets reported a double-digit ADR decrease: New Orleans (-20.5% to $150.85), Miami/Hialeah (-19.6% to $220.69) and San Francisco/San Mateo (-11.6% to $218.63).

The steepest occupancy declines were reported in Nashville, Tennessee (-8.9% to 63.5%); St. Louis, Missouri-Illinois (-8.8% to 56.0%); and Philadelphia, Pennsylvania-New Jersey (-8.3% to 56.8%).

In total, 22 of the Top 25 Markets saw occupancy fall during the week.


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