Trends

US Hotel Occupancy Increases 7.7% Week Ending April 6th - 2013

ADR increases 3.2% to US$108.12

Smith Travel Research The U.S. hotel industry reported positive results in the three key performance metrics during the week of 31 March-6 April 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 7.7 percent to 63.8 percent, average daily rate rose 3.2 percent to US$108.12 and revenue per available room increased 11.2 percent to US$69.03.

Atlanta, Georgia, which hosted the NCAA Men’s Final Four basketball games 6 April 2013, reported the largest ADR and RevPAR increases for the week. The market’s ADR rose 30.2 percent to US$100.76, its RevPAR jumped 66.0 percent to US$68.80 and its occupancy increased 27.5 percent to 68.3 percent.

St. Louis, Missouri-Illinois, reported the largest occupancy increase, rising 29.9 percent to 61.6 percent. Orlando, Florida (-6.0 percent to 84.9 percent), and Norfolk-Virginia Beach, Virginia (-4.0 percent to 57.7 percent), reported the largest occupancy decreases for the week.

Three markets other than Atlanta experienced double-digit ADR increases: Oahu Island, Hawaii (+18.7 percent to US$213.42); St. Louis (+16.1 percent to US$89.59); and Anaheim-Santa Ana, California (+15.0 percent to US$132.43). New Orleans, Louisiana, fell 12.9 percent in ADR to US$137.17, reporting the only double-digit decrease in that metric.

Five markets other than Atlanta achieved RevPAR increases of more than 20 percent: St. Louis (+50.9 percent to US$55.15); Anaheim-Santa Ana (+26.2 percent to US$108.90); Houston, Texas (+25.7 percent to US$67.67); Minneapolis-St. Paul, Minnesota-Wisconsin (+25.1 percent to US$54.75); and Oahu Island (+24.9 percent to US$167.15). New Orleans reported the only double-digit RevPAR decrease, falling 16.1 percent to US$91.12.

View weekly U.S. hotel performance review



Logos, product and company names mentioned are the property of their respective owners.

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from Smith Travel Research

comments powered by Disqus