STR reports US hotel performance for week ending 27 November 2010
The U.S. hotel industry reported increases in all three key performance metrics during the week of 21-27 November 2010, according to data from STR. In year-over-year comparisons, occupancy increased 7.0 percent to 43.6 percent, average daily rate was up 2.9 percent to US$87.53, and revenue per available room ended the week up 10.1 percent to US$38.16.
The U.S. hotel industry reported increases in all three key performance metrics during the week of 21-27 November 2010, according to data from STR.
In year-over-year comparisons, occupancy increased 7.0 percent to 43.6 percent, average daily rate was up 2.9 percent to US$87.53, and revenue per available room ended the week up 10.1 percent to US$38.16.
Among the Top 25 Markets, Phoenix, Arizona, achieved the highest occupancy increase, rising 23.1 percent to 46.1 percent, followed by Seattle, Washington (+14.2 percent to 45.5 percent), and Orlando, Florida (+11.1 percent to 53.6 percent). Two of the top markets reported occupancy decreases: Oahu Island, Hawaii (-7.3 percent to 70.1 percent), and Norfolk-Virginia Beach, Virginia (-3.6 percent to 36.9 percent).
Four markets experienced ADR increases of more than 5 percent: San Francisco/San Mateo, California (+7.6 percent to US$110.26); Seattle (+6.2 percent to US$91.89); Norfolk-Virginia (+6.1 percent to US$68.02); and New York, New York (+5.8 percent to US$240.81). Tampa-St. Petersburg, Florida, fell 4.0 percent in ADR to US$74.01, reporting the largest decrease in that metric, followed by Houston, Texas, with a 1.1-percent decrease to US$70.74.
Three top markets reported RevPAR increases of more than 15 percent: Phoenix, Arizona (+28.1 percent to US$39.33); Seattle (+21.3 percent to US$41.85); and Orlando (+16.5 percent to US$41.33). Oahu Island posted the largest RevPAR decrease, falling 6.3 percent to US$109.19.
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.