Industry Update
Press Release27 July 2017

STR: US hotel results for week ending 22 July

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Smith Travel Research

HENDERSONVILLE, Tennessee -- The U.S. hotel industry reported mostly flat year-over-year results in the three key performance metrics during the week of 16-22 July 2017, according to data from STR.

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In comparison with the week of 17-23 July 2016, the industry recorded the following

  • Occupancy: -0.2% to 78.0%
  • Average daily rate (ADR): +0.5% to US$131.86
  • Revenue per available room (RevPAR): +0.4% to US$102.85

Among the Top 25 Markets, San Francisco/San Mateo, California, registered the largest year-over-year increase in RevPAR (+9.0% to US$235.25), due primarily to the week's highest rise in ADR (+7.0% to US$249.79).

Norfolk/Virginia Beach, Virginia, posted the week's largest increase in occupancy (+3.0% to 83.4%) and the second-highest rise in RevPAR (+5.4% to US$117.12).

Three Top 25 Markets reported double-digit RevPAR decreases for the week: Chicago, Illinois (-13.6% to US$123.93); Philadelphia, Pennsylvania-New Jersey (-13.4% to US$98.54); and St. Louis, Missouri-Illinois (-12.7% to US$79.94).

Philadelphia reported the only double-digit decrease in ADR (-11.6% to US$127.11).

St. Louis experienced the lone double-digit decline in occupancy (-10.6% to 75.0%).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.

Contact
Jeff Higley (STR)
VP, Digital Media & Communications
Phone: +1 (615) 824-8664 ext. 3318
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