STR Reports US Hotel Occupancy Up for Week Ending June 21, 2014

ADR Up 4.3% to US$116.53 and Occupancy Up 3.9% to 75.2%

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. June 30, 2014

June 30, 2014 - The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 15-21 June 2014, according to data from STR.

In year-over-year measurements, the industry's occupancy increased 3.9 percent to 75.2 percent. Average daily rate increased 4.3 percent to finish the week at US$116.53. Revenue per available room for the week was up 8.4 percent to finish at US$87.68.

Among the Top 25 Markets, Atlanta, Georgia, rose 10.8 percent in occupancy to 73.7 percent, reporting the largest increase in that metric. Dallas, Texas, followed with a 9.9-percent increase to 79.4 percent. St. Louis, Missouri-Illinois, fell 6.6 percent in occupancy to 81.2 percent, posting the largest decrease for the week.

Seattle, Washington (+12.5 percent to US$152.46), and San Francisco/San Mateo, California (+12.2 percent to US$215.96), achieved the largest ADR increases.

Four markets experienced RevPAR increases of more than 15.0 percent: Orlando, Florida (+19.3 percent to US$86.69); Dallas (+17.8 percent to US$77.93); Atlanta (+16.0 percent to US$67.11); and San Diego, California (+16.0 percent to US$132.73).

Philadelphia, Pennsylvania, reported the largest decrease in both ADR (-8.2 percent to US$121.75) and RevPAR (-12.0 percent to US$93.86).