Smith Travel Research Announces Preliminary 2000 Full Year U.S. Lodging Industry Performance
January 18, 2001 - (STR)
Smith Travel Research (STR) - the global leader in lodging industry
performance tracking and benchmarking - announced preliminary 2000 full year
figures for the U.S. lodging industry today.
Preliminary figures suggest that 2000 full year U.S. industry occupancy will
be about 63.5 percent, up slightly versus full year 1999. Revenue per
available room (RevPar) growth for 2000 should fall in the 4 - 6 percent
versus full year 1999 when final numbers are available.
For the month of December 2000, preliminary numbers indicate that occupancy
will be up significantly and that RevPar will show gains in the 6 - 8
percent range when final numbers are available. December 2000 industry
comparisons versus December 1999 will be influenced by Y2K related factors.
Preliminary U.S. industry performance statistics are produced from STR's
daySTAR program. daySTAR tracks daily occupancy, average room rate and
revenue per available room reported from nearly 1.8 million U.S. hotel
rooms.
IMPORTANT NOTE: Preliminary U.S. performance statistics reported in this
email are subject to revision resulting from data reconciliation by daySTAR
participants and additional regular monthly STAR reporting received from
STR clients that do not currently participate in daySTAR.
This information is protected by international copyright law and may not be reproduced without the express permission of the publisher.
Contact Information:
Smith Travel Research
735 East Main St
Hendersonville, TN 37075
U.S.A.
Telephone: +1 (615) 824-8664
Fax: +1 (615) 824-3848 Click for Website Click for Email
Founded in 1985 as an independent research firm, Smith Travel Research is the recognized leader in providing accurate, actionable information and analysis to the lodging industry. STR operates on the key principals of integrity, confidentiality and customer service.
STR provides information and analysis to all major U.S. hotel chains.
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