STR Reports US Hotel Occupancy Increases for Week Ending June 16, 2012

Occupancy Increases 2.1% and ADR Increases 5.2% to US$107.14

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. June 25, 2012

June 25, 2012 - The U.S. hotel industry experienced increases in all three key performance metrics during the week of 10-16 June 2012, according to data from STR.

In year-over-year comparisons for the week, occupancy ended the week with a 2.1-percent increase to 70.5 percent, average daily rate increased 5.2 percent to US$107.14 and revenue per available room rose 7.3 percent to US$75.54.

Among the Top 25 Markets, San Francisco/San Mateo, California, reported the largest increase in occupancy with a 12.0-percent gain to 93.5 percent, followed by St. Louis, Missouri-Illinois, with a 10.4-percent increase to 75.7 percent. Minneapolis-St. Paul, Minnesota-Wisconsin, fell 7.3 percent to 79.1 percent in occupancy, ending the week with the largest decrease in that metric.

San Francisco/San Mateo achieved the largest ADR increase, rising 37.4 percent to US$200.83. Four other markets reported double-digit ADR increases: Philadelphia, Pennsylvania-New Jersey (+11.9 percent to US$131.30); Los Angeles-Long Beach, California (+11.6 percent to US$134.19); Oahu Island, Hawaii (+11.4 percent to US$184.11); and San Diego, California (+10.7 percent to US$138.15). Atlanta, Georgia (-3.9 percent to US$84.48), and Washington, D.C. (-3.2 percent to US$153.97), reported the largest ADR decreases for the week.

Four markets experienced RevPAR increases of more than 15 percent: San Francisco/San Mateo (+53.9 percent to US$187.75); Los Angeles-Long Beach (+22.0 percent to US$111.25); Philadelphia (+19.2 percent to US$106.03); and Oahu Island (+16.6 percent to US$157.39). Atlanta posted the only double-digit RevPAR decrease, falling 10.3 percent to US$54.49.