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August 22, 2011

US reports rise in hotel performance

The US hotel industry achieved increases across three performance metrics for the week ending 13 August 2011, according to data from STR Global. The country's average occupancy climbed by 1.3% to 69.1%, its average daily rate (ADR) increased by 3.4% and revenue per available room (revP

By cms admin

The US hotel industry achieved increases across three performance metrics for the week ending 13 August 2011, according to data from STR Global.

The country’s average occupancy climbed by 1.3% to 69.1%, its average daily rate (ADR) increased by 3.4% and revenue per available room (revPAR) rose by 4.8%.

Nashville, Tennessee, achieved the largest occupancy and revPAR rises, with occupancy climbing by 14.6% to 65.3% and revPAR increasing by 30%. Its ADR also increased by 13.4%.

The report revealed that occupancy in New Orleans, Louisiana, declined by 9.8% to 54.3%, the largest decrease in that metric, followed by Anaheim-Santa Ana, California, with a fall of 6.2% to 81.9%.

ADR in San Francisco / San Mateo rose by 13.8%. Houston, Texas, recorded the largest ADR decrease of 2.8%, followed by Dallas, Texas, with a 1.5% fall.

Miami-Hialeah, Florida, and San Francisco / San Mateo reported revPAR increases of more than 15%, with 20.1% and 15.9%, respectively, while New Orleans’s revPAR fell by 6.4%, the largest decrease in that metric.

The luxury segment’s occupancy increased by 4.4% to 74.2%, ADR rose by 4.9% and revPAR climbed by 9.5%.

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