Source: STR

The U.S. hotel industry reported increases in all three key performance metrics during December 2012, according to data from STR. Overall, the U.S. hotel industry's occupancy rose 3.2 percent to 49.1 percent, its average daily rate was up 4.3 percent to US$104.43 and its revenue per available room increased 7.7 percent to US$51.22.

Among the Top 25 Markets, Atlanta, Georgia, reported the largest occupancy increase, rising 10.0 percent to 51.3 percent, followed by Dallas, Texas (+9.9 percent to 52.4 percent), and Seattle, Washington (+9.7 percent to 55.7 percent). San Diego, California (-4.9 percent to 55.0 percent), and New Orleans, Louisiana (-4.1 percent to 53.6 percent) posted the largest occupancy declines.

Three markets experienced double-digit ADR increases: Atlanta (+13.0 percent to US$85.07); Oahu Island, Hawaii (+12.6 percent to US$205.89); and Miami-Hialeah, Florida (+12.5 percent to US$197.93). San Diego reported the only ADR decrease, falling 7.5 percent to US$107.42.

Three markets achieved RevPAR growth of more than 15 percent: Atlanta (+24.4 percent to US$43.68); Miami-Hialeah (+19.1 percent to US$148.71); and Seattle (+16.3 percent to US$60.52). San Diego posted the only double-digit decrease in RevPAR, falling 12.0 percent to US$59.07.

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.

Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305
STR