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 9-15 February 2020, according to data from STR.

In comparison with the week of 10-16 February 2019, the industry recorded the following:

  • Occupancy: +0.2% to 63.6%
  • Average daily rate (ADR): +0.9% to US$133.55
  • Revenue per available room (RevPAR): +1.2% to US$85.00

Among the Top 25 Markets, Chicago, Illinois, registered the largest increase in RevPAR (+31.5% to US$81.60), driven by the highest lift in ADR (+19.2% to US$130.42).

Anaheim/Santa Ana, California, experienced the highest rise in occupancy (+11.8% to 85.1%) and the second-largest increases in ADR (+11.7% to US$177.28) and RevPAR (+24.8% to US$150.81).

Denver, Colorado, saw the third-largest jump in RevPAR (+19.9% to US$93.73).

Overall, 17 of the Top 25 Markets recorded a RevPAR increase.

San Francisco/San Mateo, California, reported the steepest declines in each of the three key performance metrics: occupancy (-5.5% to 80.9%), ADR (-26.9% to US$228.51) and RevPAR (-30.9% to US$184.89).

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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.

Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR