US hotel results week ending 5 November 2011 | STR
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 30 October-5 November 2011, according to data from STR. In year-over-year comparisons for the week, occupancy rose 2.0 percent to 59.3 percent, average daily rate increased 3.8 percent to US$103.16, and revenue per available room finished the week up 5.9 percent to US$61.18.
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 30 October-5 November 2011, according to data from STR.
In year-over-year comparisons for the week, occupancy rose 2.0 percent to 59.3 percent, average daily rate increased 3.8 percent to US$103.16, and revenue per available room finished the week up 5.9 percent to US$61.18.
Among the Top 25 Markets, St. Louis, Missouri-Illinois, rose 17.4 percent in occupancy to 64.2 percent, reporting the largest increase in that metric, followed by Boston, Massachusetts, with a 9.8-percent increase to 78.6 percent. New Orleans, Louisiana, posted the only double-digit occupancy decrease, falling 16.3 percent to 66.5 percent.
San Francisco/San Mateo, California, ended the week with the largest ADR increase, rising 23.2 percent to US$169.05, followed by Philadelphia, Pennsylvania-New Jersey, with a 12.5-percent increase to US$122.85. Atlanta, Georgia (-5.9 percent to US$87.49), and San Diego, California (-5.3 percent to US$120.88), reported the largest ADR decreases for the week.
Four markets experienced RevPAR increases of more than 20 percent: San Francisco/San Mateo (+31.5 percent to US$133.74); St. Louis (+25.4 percent to US$55.84); Philadelphia (+23.1 percent to US$89.78); and Miami-Hialeah, Florida (+20.8 percent to US$117.15). Two markets posted double-digit RevPAR decreases: Atlanta (-14.4 percent to US$48.65) and New Orleans (-13.2 percent to US$91.73).
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.