U.S. Hotel Review for week ending 3 October
Among the Top 25 Markets, Oahu Island, Hawaii, reported the largest increases in all three metrics. Occupancy was up 20.6 percent to 84.4 percent, ADR rose 2.2 percent to US$165.49, and RevPAR increased 23.2 percent to US$139.65.
Three markets experienced double-digit occupancy decreases: Houston, Texas (-40.5 percent to 52.2 percent); New Orleans, Louisiana (-23.2 percent to 45.2 percent); and Nashville, Tennessee (-12.2 percent to 52.2 percent).
New York, New York, posted the largest ADR decline, down 20.9 percent to US$234.45. Five other markets reported ADR decreases of more than 15 percent: Houston (-19.1 percent to US$92.52); Orlando, Florida (-16.9 percent to US$80.89); Phoenix, Arizona (-16.0 percent to US$99.12); Seattle, Washington (-15.4 percent to US$106.83); and Miami-Hialeah, Florida (-15.3 percent to US$108.79).
Houston reported the largest RevPAR decrease, falling 51.8 percent to US$48.32. Four other markets posted RevPAR decreases of more than 20 percent: New Orleans (-31.0 percent to US$44.14); Orlando (-23.7 percent to US$35.23); Phoenix (-21.6 percent to US$48.35); and New York (-20.7 percent to US$180.13).
Among the Chain-Scale segments, the Luxury segment was the only segment to end the week without a decline in all three metrics, posting a 0.7-percent increase in occupancy to 62.1 percent.
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