The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of July 28 through August 3, 2019, according to data from STR.
In comparison with the week of July 29 through August 4, 2018, the industry recorded the following:
- Occupancy: -0.8% to 74.8%
- Average daily rate (ADR): -0.3% to US$133.03
- Revenue per available room (RevPAR): -1.1% at US$99.45
Among the Top 25 Markets, St. Louis, Missouri-Illinois, posted the largest jump in RevPAR (+19.1% to US$97.07), driven by the only double-digit lift in ADR (+13.1% to US$121.11)
Norfolk/Virginia Beach, Virginia, experienced the highest rise in occupancy (+5.8% to 80.7%).
San Francisco/San Mateo, California, reported the largest declines in ADR (-9.7% to US$226.68) and RevPAR (-15.0% to US$195.48). The market saw the second-largest drop in occupancy (-5.9% to 86.2%).
Boston, Massachusetts, registered the steepest decrease in occupancy (-6.0% to 85.4%).
Seattle, Washington, experienced the second-largest decline in RevPAR (-13.5% to US$161.46), due primarily to the second-steepest drop in ADR (-8.2% to US$190.22).
Overall, 14 of the Top 25 Markets reported a RevPAR decrease.