Market Report U.S.

US Hotel Occupancy Down 1.6 Percent to 76.1 Percent - Week Ending July 14th - 2018

Average daily rate increases 1.2 Percent to US$132.14
A hotel sign
RevPAR Decline for US Hotel Industry for Week Ending July 14th - 2018

STR

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 8-14 July 2018, according to data from STR.

In comparison with the week of 9-15 July 2017, the industry recorded the following:

  • Occupancy: -1.6% to 76.1%
  • Average daily rate (ADR): +1.2% to US$132.14
  • Revenue per available room (RevPAR): -0.4% to US$100.56

Among the Top 25 Markets, Houston, Texas, registered the only double-digit increase in RevPAR (+18.8% to US$71.85), due primarily the only double-digit lift in ADR (+12.1% to US$106.35).

New Orleans, Louisiana, experienced the largest rise in occupancy (+7.1% to 72.7%), which resulted in the second-highest jump in RevPAR (+8.6% to US$95.48).

Chicago, Illinois, posted the second-largest lift in ADR (+6.2% to US$155.18).

Washington, D.C.-Maryland-Virginia, reported the only double-digit declines in ADR (-11.0% to US$144.74) and RevPAR (-17.8% to US$116.81).

Miami/Hialeah, Florida, experienced the steepest drop in occupancy (-9.9% to 75.2%) and the second-largest decline in RevPAR (-7.4% to US$122.46).

View weekly U.S. hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



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