US hotel results week ending 19 November 2011 | STR Reports
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 13-19 November 2011, according to data from STR. In year-over-year comparisons for the week, occupancy rose 4.1 percent to 59.4 percent, average daily rate increased 3.7 percent to US$102.11, and revenue per available room finished the week with an increase of 7.9 percent to US$60.63.
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 13-19 November 2011, according to data from STR.
In year-over-year comparisons for the week, occupancy rose 4.1 percent to 59.4 percent, average daily rate increased 3.7 percent to US$102.11, and revenue per available room finished the week with an increase of 7.9 percent to US$60.63.
Among the Top 25 Markets, Seattle, Washington, reported the largest occupancy increase, rising 18.8 percent to 74.0 percent, followed by Orlando, Florida (+12.4 percent to 70.1 percent), and Houston, Texas (+11.7 percent to 66.8 percent).
New Orleans, Louisiana, experienced the largest decreases in all three key performance metrics: The market's occupancy fell 21.9 percent to 64.1 percent, its ADR was down 11.3 percent to US$122.45 and its RevPAR decreased 30.8 percent to US$78.46.
Miami-Hialeah, Florida (+15.3 percent to US$157.04), and Seattle (+12.0 percent to US$121.33) ended the week with the largest ADR increases.
Three top markets achieved RevPAR increases of more than 20 percent: Seattle (+33.0 percent to US$89.82); Miami-Hialeah (+26.8 percent to US$136.97); and Orlando (+23.0 percent to US$69.48).
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.