US hotel occupancy rises by 5%

26th September 2011 (Last Updated September 26th, 2011 18:30)

Hotel occupancy in the US increased by 5% to 66.7% for the week ending 17 September 2011, according to STR Global's latest industry report.

Hotel occupancy in the US increased by 5% to 66.7% for the week ending 17 September 2011, according to STR Global’s latest industry report.

In year-on-year comparisons, the average daily rate (ADR) increased by 4.9% and revenue per available room (revPAR) rose by 10.1%.

Miami-Hialeah, Florida, posted the largest occupancy rise with a 19.9% surge to 74%.

St Louis, Missouri-Illinois, and Norfolk-Virginia Beach, Virginia, registered occupancy falls of 8.5% to 66.1%, and 1.1% to 56.7%, respectively.

Nashville, Tennessee, and San Francisco/San Mateo, California, both reported ADR increases of 18.2%, while Washington DC recorded a 3.2% decrease.

Miami-Hialeah, Nashville, New Orleans and San Francisco / San Mateo reported revPAR increases of 33.5%, 30.1%, 28.1% and 25.7%, respectively.

St Louis recorded the largest revPAR fall at 6.2%, followed by Washington DC with a 2.8% decrease.