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US Hotel Occupancy Up 6.1% Week Ending January 19th - 2013

2013-01-27

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Smith Travel Research ADR increases 12.1% to US$105.73

The U.S. hotel industry reported increases in the three key performance metrics during the week of 13-19 January 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 6.1 percent to 54.5 percent, average daily rate rose 5.6 percent to US$105.73 and revenue per available room increased 12.1 percent to US$57.57.

Among the Top 25 Markets, Washington, D.C., rose 20.2 percent in occupancy to 57.7 percent, posting the largest increase in that metric. Detroit, Michigan, followed with an 18.0-percent increase to 66.6 percent.

Four markets experienced double-digit ADR increases: Washington, D.C. (+31.6 percent to US$169.66); Detroit (+27.9 percent to US$104.93); Miami-Hialeah, Florida (+12.2 percent to US$201.92); and Oahu Island, Hawaii (+11.5 percent to US$199.11).

Four markets achieved RevPAR increases of more than 20 percent: Washington, D.C. (+58.2 percent to US$97.84); Detroit (+50.9 percent to US$69.91); New York, New York (+26.5 percent to US$166.51); and Nashville, Tennessee (+26.0 percent to US$61.52).

Anaheim-Santa Ana, California, reported the largest decreases in all three key performance metrics. Its occupancy fell 13.7 percent to 62.9 percent, its ADR was down 5.1 percent to US$117.11 and its RevPAR dropped 18.1 percent to US$73.69.

View weekly U.S. hotel performance review

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