STR: US hotel performance week ending 10 April
In year-over-year measurements, the industry’s occupancy increased 12.6 percent increase to 59.2 percent. Average daily rate ended the week virtually flat with a 0.4-percent decrease to US$96.31. Revenue per available room for the week was up 12.1 percent to US$57.00.
The U.S. hotel industry reported mixed results in the three key performance measurements during the week of 4-10 April 2010, according to data from STR.
In year-over-year measurements, the industry’s occupancy increased 12.6 percent increase to 59.2 percent. Average daily rate ended the week virtually flat with a 0.4-percent decrease to US$96.31. Revenue per available room for the week was up 12.1 percent to US$57.00.
Among the Top 25 Markets, Boston, Massachusetts, experienced the largest occupancy increase, up 27.6 percent to 70.4 percent, followed by New Orleans, Louisiana, with a 27.5-percent increase to 64.6 percent. Two of the top markets reported occupancy decreases: Norfolk-Virginia Beach, Virginia (-5.8 percent to 53.2 percent), and Orlando, Florida (-3.0 percent to 76.9 percent).
New Orleans posted the largest ADR increase, rising 18.5 percent to US$118.01, followed by Boston with an 11.6-percent increase to US$139.00. Detroit, Michigan, reported the only double-digit ADR decrease, falling 18.4 percent to US$76.45.
New Orleans topped the RevPAR increase for the week, jumping 51.0 percent to US$76.26. Two other markets posted RevPR increases of more than 25 percent: Boston (+42.4 percent to US$97.89) and Denver, Colorado (+26.2 percent to US$53.72). Meanwhile, Detroit fell 11.2 percent to US$39.37, reporting the largest RevPAR decrease, followed by Norfolk-Virginia Beach with an 8.7-percent decrease to US$41.19.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.