US hotel occupancy rises by 8.1%

2nd January 2012 (Last Updated January 2nd, 2012 18:30)

The US hotel industry has registered an 8.1% increase in occupancy to 37.3% during the week 18-24 December 2011, according to data from STR Global.

The US hotel industry has registered an 8.1% increase in occupancy to 37.3% during the week 18-24 December 2011, according to data from STR Global.

In year-on-year comparisons, the average daily rate (ADR) increased by 2.7% and revenue per available room (revPAR) rose by 11%.

Houston, Texas, reported the largest occupancy rise of 16.9% to 36.6%, followed by Dallas with a 15.2% increase to 34.2%.

San Francisco/San Mateo, California, and Washington, District of Columbia, also registered growth of 14.6% to 51% and 14.6% to 31.4%, respectively.

Occupancy in Phoenix, Arizona, declined by 4.3% to 35%, the largest decrease in the metric.

According to the report, Denver and San Francisco/San Mateo registered double-digit ADR increases with 10.2%, while New York posted the largest ADR decrease of 3.3%.

San Francisco/San Mateo, Denver, Houston, Dallas and Philadelphia all achieved revPAR rises of more than 20%.

The only revPAR fall was registered by Phoenix with 1.6%.

In year-on-year comparisons for the week 11-17 December 2011, occupancy in the US rose by 5.9% to 49%, the average daily rate increased by 4.2% and revPAR climbed 10.4%.

New Orleans, Louisiana, reported a 23.5% increase in occupancy to 55.9%, followed by San Diego with an 18.8% rise to 57%; the only double-digit occupancy decreases were reported by San Francisco/San Mateo by 13.3% to 63% and Oahu Island, Hawaii, by 10.2% to 75.2%.