STR: US Hotel Results For Week Ending 20 July
During the week of 14-20 July, U.S. hotel occupancy dipped 0.5% to 77.9%, ADR rose 0.5% to $136.49, and RevPAR was flat at $106.34.
The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 14-20 July 2019, according to data from STR.
HENDERSONVILLE, Tennessee — The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 14-20 July 2019, according to data from STR.
In comparison with the week of 15-21 July 2018, the industry recorded the following:
- Occupancy: -0.5% to 77.9%
- Average daily rate (ADR): +0.5% to US$136.49
- Revenue per available room (RevPAR): flat at US$106.34
Among the Top 25 Markets, Minneapolis, St. Paul-Minnesota-Wisconsin, experienced the highest rise in both occupancy (+8.3% to 88.5%) and RevPAR (+12.9% to US$120.00).
Nashville, Tennessee, posted the largest lift in ADR (+5.3% to US$150.80) and the second-largest jump in RevPAR (+9.7% to US$126.05).
New Orleans, Louisiana, saw the steepest drop in RevPAR (-29.1% to US$67.52), due primarily to the only double-digit decrease in occupancy (-23.7% to 56.4%). The market saw the second-largest decline in ADR (-7.1% to US$119.77). Performance decreases, most pronounced on 14 July, can be attributed to the effects of Tropical Storm Barry.
San Francisco/San Mateo, California, registered the only double-digit decline in ADR (-10.1% to US$240.59), which resulted in the second-largest drop in RevPAR (-14.3% to US$213.90).
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