Industry Update
Performance21 December 2018

STR: U.S. hotel results for week ending 15 December

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Smith Travel Research

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 9-15 December 2018, according to data from STR.

In comparison with the week of 10-16 December 2017, the industry recorded the following:

  • Occupancy: +1.3% to 57.3%
  • Average daily rate (ADR): +3.2% to US$119.10
  • Revenue per available room (RevPAR): +4.6% to US$68.25

Among the Top 25 Markets, Washington, D.C.-Maryland-Virginia, reported the largest increases in occupancy (+14.7% to 69.1%) and RevPAR (+29.2% to US$106.13).

Seattle, Washington, posted the largest lift in ADR (+15.8% to US$149.09) and the second-highest rises in occupancy (+11.5% to 73.1%) and RevPAR (+29.1% to US$108.99).

San Francisco/San Mateo, California, registered the second-largest increase in ADR (+12.8% to US$210.39).

Overall, 17 of the Top 25 Markets reported growth in RevPAR for the week.

New Orleans, Louisiana, reported the steepest declines in each of the three key performance metrics: occupancy (-21.7% to 57.1%), ADR (-12.6% to US$123.76) and RevPAR (-31.6% to US$70.65).

Houston, Texas, experienced the second-largest decrease in occupancy (-14.7% to 59.6%), resulting in the second-largest drop in RevPAR (-19.2% to US$60.35).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. 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. For more information, please visit str.com.

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