STR: US results week ending 15 June 2013

The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 9-15 June 2013, according to data from STR.
 
In year-over-year comparisons, occupancy fell 0.2 percent to 70.3 percent, average daily rate increased 3.2 percent to US$110.73 and revenue per available room grew 3.0 percent to US$77.87.
 
Among the Top 25 Markets, Atlanta, Georgia, reported the largest occupancy increase, rising 7.4 percent to 69.0 percent. Houston, Texas, followed with a 6.4-percent increase to 70.6 percent. St. Louis, Missouri-Illinois, reported the only double-digit occupancy decrease, falling 10.3 percent to 68.1 percent.
 
Oahu Island, Hawaii (+14.6 percent to US$207.87), and Los Angeles-Long Beach, California (+12.6 percent to US$150.54), achieved the only double-digit ADR increases for the week. San Diego, California, fell 5.2 percent in ADR to US$131.05, posting the largest decrease in that metric, followed by San Francisco/San Mateo, California (-3.8 percent to US$194.30).
 
Los Angeles-Long Beach rose 17.9 percent in RevPAR to US$130.49, followed by Houston (+14.3 percent to US$69.60) and Seattle, Washington (+13.3 percent to US$121.09). San Diego fell 8.4 percent in RevPAR to US$104.96, reporting the largest decrease in that metric.
 
Source = STR
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