STR: US Hotel Results For Week Ending 15 February
U.S. hotel occupancy rose 0.2% to 63.6% during the week of 9-15 February, ADR rose 0.9% to $133.55 and RevPAR increased 1.2% to $85.
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.
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).
Download STR's weekly U.S. hotel review.
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