STR Reports US Hotel Occupancy Up for Week Ending November 23, 2013

Occupancy Up 22.4% to 57.8% and ADR Up 12.3% to US$108.07

• 
  SAVE
• 
  SHARE
• 
  TEXT SIZE
• 
  PRINT
• 
  COMMENT
• 
  PDF

. December 03, 2013

December 3, 2013 - Smith Travel Research The U.S. hotel industry posted positive results in the three key performance measurements during the week of 17-23 November, according to data from STR.

In year-over-year measurements, the industry's occupancy increased 22.4 percent to 57.8 percent. Average daily rate rose 12.3 percent to finish the week at US$108.07. Revenue per available room for the week was up 37.5 percent to finish at US$62.43.

Among the Top 25 Markets, Denver, Colorado, reported the largest occupancy increase, rising 74.7 percent to 70.8 percent, followed by Houston, Texas, with a 62.2-percent increase to 69.9 percent. New York, New York (-4.5 percent to 82.1 percent); Oahu Island, Hawaii (-2.7 percent to 77.1 percent); and Anaheim-Santa Ana, California (-0.4 percent to 63.4 percent), reported the only occupancy decreases.

San Francisco/San Mateo, California (+82.6 percent to US$237.49), and Dallas, Texas (+50.7 percent to US$104.64), achieved the largest ADR increases during the week. Anaheim-Santa Ana fell 0.4 percent to US$115.31, reporting the only ADR decrease.

Four markets experienced RevPAR growth of more than 125 percent: San Francisco/San Mateo (+161.9 percent to US$202.57); Denver (+155.0 percent to US$78.99); Washington, D.C. (+129.2 percent to US$94.43); and Houston (+128.3 percent to US$74.75).

Anaheim-Santa Ana (-0.8 percent to US$73.11) and New York (-0.3 percent to US$217.14), reported the only RevPAR decreases for the week.