STR: US hotel results week ending 7 July 2012
New Orleans, Louisiana, topped the ADR increases, rising 27.4 percent to US$139.39, followed by Oahu Island with a 15.3-percent increase to US$198.70. Seattle reported the largest ADR decrease, falling 8.1 percent to US$112.94, followed by Minneapolis-St. Paul with a 6.5-percent decrease to US$81.70.
Two markets recorded double-digit RevPAR increases: New Orleans (+33.3 percent to US$83.61) and Oahu Island (+26.9 percent to US$180.05). Minneapolis-St. Paul (-23.8 percent to US$39.69) and Seattle (-20.9 percent to US$73.06) posted the largest RevPAR decreases for the week.
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 16 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.