ADR increases increases 3.8% to US$102.01
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 5-11 February 2012, according to data from STR.
In year-over-year comparisons for the week, occupancy was up 2.6 percent to 55.9 percent, average daily rate increased 3.8 percent to US$102.01 and revenue per available room was up 6.5 percent to US$57.00.
Among the Top 25 Markets, San Francisco/San Mateo, California, experienced the largest occupancy increase, rising 17.3 percent to 80.9 percent, followed by Houston, Texas, with an 11.0-percent increase to 68.5 percent. Anaheim-Santa Ana, California, fell 6.2 percent in occupancy to 63.9 percent, followed by New Orleans, Louisiana, with a 5.8-percent decrease to 67.9 percent.
San Francisco/San Mateo jumped 40.4 percent in ADR to US$205.37, achieving the largest increase in that metric. Dallas, Texas, was the only market to report a double-digit ADR decrease, falling 15.4 percent to US$94.25.
San Francisco/San Mateo increased 64.7 percent in RevPAR to US$166.12, reporting the largest increase in that metric, followed by Houston (+18.6 percent to US$67.44) and Chicago, Illinois (+14.2 percent to US$54.03). Dallas ended the week with the largest RevPAR decrease, falling 17.9 percent to US$56.85, followed by New Orleans with a 9.9-percent decrease to US$88.62.
View weekly U.S. hotel performance review
Logos, product and company names mentioned are the property of their respective owners.
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 5-11 February 2012, according to data from STR.
In year-over-year comparisons for the week, occupancy was up 2.6 percent to 55.9 percent, average daily rate increased 3.8 percent to US$102.01 and revenue per available room was up 6.5 percent to US$57.00.
Among the Top 25 Markets, San Francisco/San Mateo, California, experienced the largest occupancy increase, rising 17.3 percent to 80.9 percent, followed by Houston, Texas, with an 11.0-percent increase to 68.5 percent. Anaheim-Santa Ana, California, fell 6.2 percent in occupancy to 63.9 percent, followed by New Orleans, Louisiana, with a 5.8-percent decrease to 67.9 percent.
San Francisco/San Mateo jumped 40.4 percent in ADR to US$205.37, achieving the largest increase in that metric. Dallas, Texas, was the only market to report a double-digit ADR decrease, falling 15.4 percent to US$94.25.
San Francisco/San Mateo increased 64.7 percent in RevPAR to US$166.12, reporting the largest increase in that metric, followed by Houston (+18.6 percent to US$67.44) and Chicago, Illinois (+14.2 percent to US$54.03). Dallas ended the week with the largest RevPAR decrease, falling 17.9 percent to US$56.85, followed by New Orleans with a 9.9-percent decrease to US$88.62.
View weekly U.S. hotel performance review
Logos, product and company names mentioned are the property of their respective owners.
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