STR: US Hotel Results — Photo by HHN

HENDERSONVILLE, Tennessee - The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 15-21 December 2019, according to data from STR.

In comparison with the week of 16-22 December 2018, the industry recorded the following:

  • Occupancy: +5.9% to 50.1%
  • Average daily rate (ADR): +1.8% to US$108.96
  • Revenue per available room (RevPAR): +7.8% to US$54.55

St. Louis, Missouri-Illinois, recorded the largest increases in each of the three key performance metrics: occupancy (+23.3% to 50.7%), ADR (+9.1% to US$96.47) and RevPAR (+34.4% to US$48.94).

Washington, D.C.-Maryland-Virginia, saw the second-largest jump in RevPAR (+26.4% to US$56.36), due to the second-highest rises in occupancy (+16.0% to 48.1%) and ADR (+8.9% to US$117.20).

Phoenix, Arizona, experienced the third-largest rises in occupancy (+15.2% to 55.3%) and RevPAR (+24.3% to US$55.96).

Overall, 22 of the Top 25 Markets reported a RevPAR increase.

San Diego, California, registered the only decrease in occupancy (-1.4% to 49.4%) and the steepest decline in RevPAR (-4.7% to US$55.02).

Anaheim/Santa Ana, California, posted the only double-digit drop in ADR (-10.2% to US$122.67).

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About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. 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. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Nick Minerd
Public Relations Coordinator
+1 (615) 824 8664 ext. 3305
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