Market Report U.S.

US Hotel Occupancy Up 4.5 Percent to 56.4 Percent - Week Ending December 16th - 2017

Average daily rate up 3.5 Percent to US$115.67

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 10-16 December 2017, according to data from STR.

In comparison with the week of 11-17 December 2016, the industry recorded the following:

  • Occupancy: +4.5% to 56.4%
  • Average daily rate (ADR): +3.5% to US$115.67
  • Revenue per available room (RevPAR): +8.1% to US$65.24

Among the Top 25 Markets, New Orleans, Louisiana, reported the largest increase in each of the three key performance metrics: occupancy (+39.2% to 72.9%), ADR (+27.7% to US$142.35) and RevPAR (+77.8% to US$103.78). STR analysts note that performance was helped by the American Geophysical Union Fall Meeting (11-15 December).

Atlanta, Georgia, posted the second-highest lift in ADR (+23.3% to US$117.71), which contributed to the second-largest rise in RevPAR (+39.4% to US$79.96).

Overall, eight of the Top 25 Markets reported double-digit increases in RevPAR.

San Francisco/San Mateo, California, reported the only double-digit declines in the three key performance metrics: occupancy (-13.7% to 72.1%), ADR (-10.7% to US$186.69) and RevPAR (-22.9% to US$134.54).

Dallas, Texas, saw the second-largest decreases in occupancy (-5.3% to 59.7%) and RevPAR (-3.4% to US$60.07).

Chicago, Illinois experienced the second-largest drop in ADR (-1.9% to US$111.27).

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.



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