STR: US hotel performance for week ending 29 Jan. 2011
The U.S. hotel industry reported single-digit increases in all three key performance metrics during the week of 23-29 January 2011, according to data from STR. In year-over-year comparisons, occupancy increased 6.7 percent to 52.0 percent, average daily rate was up 2.7 percent to US$97.63, and revenue per available room finished the week up 9.6 percent to US$50.75.
The U.S. hotel industry reported single-digit increases in all three key performance metrics during the week of 23-29 January 2011, according to data from STR.
In year-over-year comparisons, occupancy increased 6.7 percent to 52.0 percent, average daily rate was up 2.7 percent to US$97.63, and revenue per available room finished the week up 9.6 percent to US$50.75.
Among the Top 25 Markets, Oahu Island, Hawaii, experienced the largest increases in all three key performance metrics. The market’s occupancy rose 20.5 percent to 84.5 percent, ADR was up 14.2 percent to US$160.94, and RevPAR increased 37.7 percent to US$136.02.
Nashville, Tennessee (+17.4 percent to 50.0 percent), and Detroit, Michigan (+17.2 percent to 53.2 percent), experienced significant occupancy increases along with Oahu Island. New Orleans, Louisiana, posted the largest occupancy decrease, falling 8.2 percent to 58.0 percent.
San Francisco/San Mateo, California, reported the only double-digit ADR increase other than Oahu Island. The metric was up 11.8 percent to US$142.70. Orlando, Florida, fell 7.1 percent to US$98.25, reporting the largest ADR decrease, followed by Norfolk-Virginia Beach, Virginia, with a 4.8-percent decrease to US$68.36.
Three markets, excluding Oahu Island, achieved RevPAR increases of more than 20 percent: Nashville (+28.7 percent to US$47.21); San Francisco/San Mateo (+27.7 percent to US$108.94); and Houston, Texas (+20.4 percent to US$60.64). Orlando fell 9.2 percent in RevPAR to US$62.36, reporting the largest decrease in that metric.
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.