The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 7-13 August 2016, according to data from STR.
In year-over-year comparisons, the industry's occupancy decreased 1.5% to 73.1%. However, average daily rate was up 2.6% to US$125.98, and revenue per available room increased 1.1% to US$92.12.
No Top 25 Market recorded a double-digit increase in any of the three metrics for the week.
Boston, Massachusetts, saw the largest year-over-year increase in RevPAR (+8.6% to US$189.54).
Anaheim/Santa Ana, California, posted the largest rise in ADR (+7.0% to US$178.94).
Norfolk/Virginia Beach, Virginia, experienced the largest increase in occupancy (+3.3% to 77.9%).
Houston, Texas, reported the steepest declines across the three key performance metrics. Occupancy in the market fell 12.9% to 59.8%; ADR was down 6.2% to US$97.97; and RevPAR dropped 18.3% to US$58.58.
No other double-digit decreases were reported in the three key performance metrics.
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