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The U.S. hotel industry experienced mixed results in the three key performance metrics during the week of 16-22 September 2012, according to data from STR. In year-over-year comparisons, occupancy fell 1.0 percent to 66.0 percent, average daily rate was up 0.3 percent to US$107.82 and revenue per available room ended the week virtually flat with a 0.6-percent decrease to US$71.20.
Among the Top 25 Markets, New Orleans, Louisiana, rose 15.0 percent in occupancy to 75.5 percent, reporting the largest increase in that metric. Anaheim-Santa Ana, California, followed with a 12.7-percent increase to 76.4 percent. Two markets experienced double-digit occupancy decreases: Orlando, Florida (-16.8 percent to 53.0 percent), and Washington, D.C. (-10.1 percent to 73.9 percent).
Source: STR Global |