The Average Daily Rates (ADR) at U.S. hotels reached $127.47 during the week of May 21-27, a 2.5% increase from the previous week, according to a report by STR. The report, which was cited by Hotels News Resource, also found the following:
- Occupancy: Up 0.5% to 70.3%
- Revenue per available room (RevPAR): Up 3.1% to US$89.67
In terms of RevPAR, the best performing markets were:
- Boston, MA: +19.1% to $208.53
- Nashville, TN: +16.3% to $122.90
- Phoenix, AZ: +14.0% to $76.81
- Atlanta, GA: +10.5% to $82.69
In terms of ADR, the best performing markets were:
- Boston, MA: +12.1% to $234.62
- Nashville, TN: +10.6% to $82.69
Phoenix saw the largest increase in occupancy (+8.1% to 69.4%).
The weakest performing markets were:
San Francisco/San Mateo, CA
- ADR: -8.3% to $213.32
- RevPAR: -13.0% to $185.41
- Occupancy: -5.1% to 86.9%
Oahu, HI and Tampa, FL also experienced a 5.1% decreases in occupancy.