STR reports US hotel performance for week ending 20 November
The U.S. hotel industry reported increases in all three key performance metrics during the week of 14-20 November 2010, according to data from STR. In year-over-year comparisons, occupancy increased 8.6 percent to 57.1 percent, average daily rate was up 2.6 percent to US$98.48, and revenue per available room ended the week up 11.4 percent to US$56.22.
The U.S. hotel industry reported increases in all three key performance metrics during the week of 14-20 November 2010, according to data from STR.
In year-over-year comparisons, occupancy increased 8.6 percent to 57.1 percent, average daily rate was up 2.6 percent to US$98.48, and revenue per available room ended the week up 11.4 percent to US$56.22.
Among the Top 25 Markets, three markets achieved occupancy increases of more than 20 percent: Denver, Colorado (+28.4 percent to 69.2 percent); New Orleans, Louisiana (+26.8 percent to 82.3 percent); and San Diego, California (+21.3 percent to 70.4 percent). Norfolk-Virginia Beach, Virginia, was the only top market to experience an occupancy decrease, falling 8.3 percent to 44.9 percent.
Denver led the ADR increases, rising 23.0 percent to US$114.16, followed by New Orleans (+17.9 percent to US$137.66) and Chicago, Illinois (+15.7 percent to US$134.28). Nashville, Tennessee, was the only market to report an ADR decrease of more than 5 percent, falling 6.0 percent to US$89.12.
Four markets experienced RevPAR increases of more than 30 percent: Denver (+58.0 percent to US$78.97); New Orleans (+49.6 percent to US$113.30); Chicago (+32.1 percent to US$93.51); and San Diego (+32.0 percent to US$88.19). Norfolk-Virginia Beach posted the largest RevPAR decrease, falling 10.2 percent to US$31.47.
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.