The U.S. hotel industry posted positive results in the three key performance measurements during the week of April 6th-12th, according to data from Smith Travel Research (STR).
In year-over-year measurements, the industry’s occupancy increased 7.1 percent to 68.5 percent. Average daily rate rose 5.3 percent to finish the week at $116.85. Revenue per available room for the week was up 12.8 percent to finish at $80.09.
Among the Top 25 Markets, San Diego rose 19 percent in occupancy to 81.4 percent, reporting the largest growth in that metric. Seattle followed with a 16.3-percent increase to 72.1 percent. Minneapolis/St. Paul, Minnesota-Wisconsin (-4.7 percent to 67.8 percent), and Oahu Island, Hawaii (-3.1 percent to 75.6 percent) posted the only occupancy decreases for the week.
Nashville achieved the largest ADR increase, rising 19.1 percent to $124.17, followed by Dallas (+14.6 percent to US$108.50), and Miami/Hialeah, Florida (+14.2 percent to $209.66). Atlanta fell 6.6 percent in ADR to $96.37, posting the largest decrease in that metric.
Seven markets experienced RevPAR increases of more than 25 percent: Nashville (+35.1 percent to $99.58); San Diego (+33.3 percent to $118.64); Orlando (+29 percent to $99.86); Dallas (+27.2 percent to $83.29); St. Louis (+26.7 percent to $76.72); Tampa/St. Petersburg, Florida (+26.6 percent to US$97.25); and Seattle (+25.2 percent to $86.82). Minneapolis/St. Paul ended the week with the only RevPAR decrease, falling 1.1 percent to $71.18.
