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 29 December 2019 through 4 January 2020, according to data from STR.

In comparison with the week of 30 December 2018 through 5 January 2019, the industry recorded the following:

  • Occupancy: +0.3% to 49.0%
  • Average daily rate (ADR): +4.0% to US$136.46
  • Revenue per available room (RevPAR): +4.3% to US$66.84

Oahu Island, Hawaii, recorded the largest increase in RevPAR (+22.4% to US$369.64), driven by the only double-digit lift in ADR (+16.0% to US$405.95).

Miami/Hialeah, Florida, experienced the only double-digit rise in occupancy (+11.1% to 86.2%) and the second-largest jump in RevPAR (+16.3% to US$290.06).

Nashville, Tennessee, saw the second-largest increase in occupancy (+9.9% to 57.8%) and the third-highest jump in RevPAR (+13.8% to US$74.64).

New Orleans, Louisiana, registered the steepest drop in RevPAR (-10.8% to US$106.86), due primarily to the largest decline in ADR (-8.0% to US$159.35).

Atlanta, Georgia, reported the largest decrease in occupancy (-6.6% to 49.8%).

Download a PDF of STR's weekly U.S. hotel review.

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
STR