In year-over-year comparisons, the industry's occupancy grew 4.3% to 67.5%. Average daily rate increased 4.2% to US$121.22. Revenue per available room rose 8.7% to US$81.85.

The U.S. hotel industry recorded positive results in the three key performance metrics during the week of 21-27 August 2016, according to data from STR.

In year-over-year comparisons, the industry's occupancy grew 4.3% to 67.5%. Average daily rate increased 4.2% to US$121.22. Revenue per available room rose 8.7% to US$81.85.

Among the Top 25 Markets, Philadelphia, Pennsylvania-New Jersey, posted the largest year-over-year increases in ADR (+15.0% to US$135.93) and RevPAR (+30.8% to US$106.17).

Five additional markets saw a RevPAR increase of more than 15.0%: St. Louis, Missouri, Illinois (+29.5% to US$69.94); Norfolk/Virginia Beach, Virginia (+22.0% to US$87.18); Anaheim/Santa Ana, California (+19.2% to US$121.19); San Diego, California (+18.8% to US$130.13); and Atlanta, Georgia (+18.1% to US$73.01).

Overall, 21 of the Top 25 Markets recorded an increase in RevPAR for the week.

St. Louis reported the largest increase in occupancy (+16.7% to 68.0%) and was the only other market to record a double-digit lift in ADR (+11.0% to US$102.92) after the aforementioned Philadelphia.

In addition to St. Louis, three markets experienced double-digit growth in occupancy: Philadelphia (+13.7% to 78.1%), Norfolk/Virginia Beach (+13.6% to 70.7%) and Anaheim/Santa Ana (+10.5% to 78.0%).

Houston, Texas, saw the only double-digit declines in occupancy (-12.0% to 54.9%) and RevPAR (-15.5% to US$54.21).

New Orleans, Louisiana (-7.5% to US$107.64), reported the largest drop in ADR. 

View weekly U.S. hotel performance review

About STR

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.