STR Reports US Hotel Occupancy Up for Week Ending June 1, 2013

Up 1.3% to 60.3% and ADR Increases 4.1% to US$104.83

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. June 10, 2013

June 10, 2013 - The U.S. hotel industry reported positive results in the three key performance metrics during the week of 26 May-1 June 2013, according to data from STR.

In year-over-year comparisons, occupancy was up 1.3 percent to 60.3 percent, average daily rate rose 4.1 percent to US$104.83 and revenue per available room increased 5.4 percent to US$63.19.

Among the Top 25 Markets, St. Louis, Missouri-Illinois, rose 16.9 percent in occupancy to 70.9 percent, reporting the largest increase in that metric. Orlando, Florida, followed with a 13.1-percent increase in occupancy to 68.8 percent. Houston, Texas, fell 8.2 percent in occupancy to 59.2 percent, posting the largest decrease in that metric.

St. Louis (+26.6 percent to US$98.22) and Oahu Island, Hawaii (+10.7 percent to US$193.79), achieved the largest ADR increases. Houston fell 3.3 percent in ADR to US$90.05, reporting the largest ADR decrease for the week.

Seven markets experienced double-digit RevPAR increases: St. Louis (+48.0 percent to US$69.66); Orlando (+20.0 percent to US$63.50); New York, New York (+14.2 percent to US$202.95); San Francisco/San Mateo, California (+12.3 percent to US$127.80); Minneapolis-St. Paul, Minnesota-Wisconsin (+12.2 percent to US$56.95); Boston, Massachusetts (+11.5 percent to US$123.27); and New Orleans, Louisiana (+10.0 percent to US$71.85). Houston reported the only double-digit RevPAR decrease, falling 11.3 percent to US$53.34.