US Hotels Post 4.4% Occupancy Rise

27th May 2010 (Last Updated May 27th, 2010 18:30)

The US hotel industry posted a 4.4% increase in occupancy year-over-year for the period ending 9 May 2010. Average daily rate (ADR) fell 1% and revenue per available room (revPAR) rose 3.3%, according to STR Global data for the top 25 hotel markets in the US. N

The US hotel industry posted a 4.4% increase in occupancy year-over-year for the period ending 9 May 2010.

Average daily rate (ADR) fell 1% and revenue per available room (revPAR) rose 3.3%, according to STR Global data for the top 25 hotel markets in the US.

Nashville, Tennessee, reported the greatest occupancy with 30.1% attributed to the flooding of the Cumberland River while its ADR decreased by 4.8% and revPAR rose by 23.8%.

The US cities of Norfolk, Virginia, St Louis, Missouri, Houston, Texas, and Seattle, Washington, reported occupancy decreases for the week while New York posted a 13.4% rise followed by Denver, Colarado, which had an 11% rise.

Chicago, Illinois, and Seattle reported double-digit ADR decreases, according to traveldailynews.com.

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