US results week ending 2 February 2013
Norfolk-Virginia Beach, Virginia, reported the largest occupancy decrease for the week, falling 8.6 percent to 36.8 percent, followed by Anaheim-Santa Ana, California, with a 2.4-percent decrease to 58.6 percent.
Two markets other than New Orleans reported ADR increases of more than 15 percent: Oahu Island, Hawaii (+17.7 percent to US$196.43), and Dallas, Texas (+16.8 percent to US$103.71). None of the top markets reported ADR decreases for the week.
In addition to New Orleans, five markets achieved RevPAR increases of more than 20 percent: Dallas (+42.9 percent to US$67.84); Denver, Colorado (+39.9 percent to US$63.63); Atlanta, Georgia (+32.2 percent to US$57.27); San Diego, California (+24.3 percent to US$94.25); and Oahu Island (+20.5 percent to US$163.30). Norfolk-Virginia Beach was the only market to post a RevPAR decrease for the week, falling 5.3 percent to US$25.19.
Rachael Spann Urie
Director, Public Relations
Phone: +1 (615) 824-8664 ext. 3305
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.