STR Reporrts US Hotel Occupancy Up for Week Ending May 25, 2013

Occupancy Up1.3% to 67.8% and ADR Increases 4.9% to US$110.89

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. June 03, 2013

June 3, 2013 - The U.S. hotel industry reported positive results in the three key performance metrics during the week of 19-25 May 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 1.3 percent to 67.8 percent, average daily rate rose 4.9 percent to US$110.89 and revenue per available room increased 6.2 percent to US$75.17.

Among the Top 25 Markets, Chicago, Illinois, rose 13.1 percent in occupancy to 80.9 percent, reporting the largest increase in that metric, followed by New Orleans, Louisiana (+11.3 percent to 78.2 percent), and Denver, Colorado (+10.1 percent to 79.0 percent). St. Louis, Missouri-Illinois, posted the only double-digit occupancy decrease, falling 10.9 percent to 67.7 percent.

Six markets achieved double-digit ADR increase: Oahu Island, Hawaii (+15.2 percent to US$199.32); Chicago (+14.5 percent to US$137.65); New Orleans (+12.8 percent to US$136.57); Orlando, Florida (+11.5 percent to US$101.24); Anaheim-Santa Ana, California (+11.0 percent to US$126.17); and New York, New York (+10.2 percent to US$279.47). Atlanta, Georgia, fell 8.3 percent in ADR to US$82.26, reporting the largest decrease in that metric.

Four markets experienced RevPAR increases of more than 20 percent: Chicago (+29.5 percent to US$111.42); New Orleans (+25.5 percent to US$106.84); Dallas, Texas (+20.7 percent to US$61.91); and Orlando (+20.4 percent to US$73.59). Atlanta (-11.5 percent to US$53.33) and San Diego, California (-10.1 percent to US$92.64), reported the largest RevPAR decreases for the week.