US results for 24-30 May 2009
Among the Top 25 Markets, Denver, Colorado, was the only market to report an increase in occupancy, which was up 1.4 percent to 56.0 percent. Detroit, Michigan, reported the largest occupancy decrease, down 22.0 percent to 42.9 percent. Other markets to report occupancy decreases of more than 20 percent include: New Orleans, Louisiana (-20.8 percent to 44.2 percent) and St. Louis, Missouri-Illinois (-20.2 percent to 45.9 percent).
Orlando, Florida, was the only market to report increases in two of the three key metrics, posting a 16.5-percent jump in ADR to US$107.06 and a 9.1-percent surge in RevPAR to US$60.11 Chicago, Illinois, reported the largest decrease in ADR, which was down 26.5 percent to US$109.28. New York, New York, followed closely, reporting an ADR decrease of 26.4 percent to US$188.03.
Chicago also reported the largest RevPAR decrease, down 37.7 percent to US$58.71. Three other markets reported decreases of more than 30 percent: Detroit (-32.5 percent to US$32.48); St. Louis (-30.5 percent to US$34.37); and New York (-30.2 percent to US$140.06).
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