STR Reports US Hotel Occupancy Down for Week Ending May 5, 2013

Occupancy Down 0.6% and ADR Increases 2.7% to US$110.14

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. May 13, 2013

May 13, 2013 - The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 28 April-4 May 2013, according to data from STR.

In year-over-year comparisons, occupancy was down 0.6 percent to 62.7 percent, average daily rate rose 2.7 percent to US$110.14 and revenue per available room increased 2.1 percent to US$69.07.

Among the Top 25 Markets, Minneapolis-St. Paul, Minnesota-Wisconsin, rose 11.6 percent in occupancy to 67.0 percent, reporting the only double-digit increase in that metric. Chicago, Illinois, fell 7.2 percent in occupancy to 68.2 percent, posting the largest decrease in that metric. Washington, D.C., followed with a 6.9-percent occupancy decrease to 70.2 percent.

San Francisco/San Mateo, California (+12.3 percent to US$179.71), and Oahu Island, Hawaii (+11.4 percent to US$205.00), reported the largest ADR increases. Houston, Texas, experienced the only double-digit ADR decrease, falling 17.9 percent to US$110.89.

Five markets achieved double-digit RevPAR increases: San Francisco/San Mateo (+23.3 percent to US$157.01); Atlanta, Georgia (+15.1 percent to US$59.34); Minneapolis-St. Paul (+12.7 percent to US$67.16); Anaheim-Santa Ana, California (+11.2 percent to US$87.50); and Oahu Island (+10.3 percent to US$170.00). Houston (-22.4 percent to US$82.73) and Chicago (-13.5 percent to US$84.99) ended the week with the largest RevPAR decreases.