Market Report U.S.

Positive Performance Metrics for US Hotel Industry for Week Ending April 9th - 2017

During the week of 2-8 April, U.S. hotels saw occupancy increase 3% to 70.2%, ADR climb 3.7% to $127.89 and RevPAR increase 6.8% to $89.84.

The U.S. hotel industry recorded positive results in the three key performance metrics during the week of 2-8 April 2017, according to data from STR.

In comparison with the week of 3-9 April 2016:

  • Occupancy: +3.0% to 70.2%
  • Average daily rate (ADR): +3.7% to US$127.89
  • Revenue per available room (RevPAR): +6.8% to US$89.84

Among the Top 25 Markets, NCAA Final Four host, Phoenix, Arizona, reported the largest year-over-year increase in RevPAR (+24.5% to US$141.57). Growth was driven by the week’s largest rise in ADR (+19.7% to US$169.91) while occupancy was up 4.0% to 83.5%.

Two additional markets saw a RevPAR increase of more than 20.0% for the week: Orlando, Florida (+22.0% to US$126.73), and Detroit, Michigan (+20.9% to US$75.66). Overall, seven Top 25 Markets experienced double-digit growth in the metric.

After Phoenix, two other markets posted a double-digit lift in ADR for the week: Seattle, Washington (+12.4% to US$147.24), and Orlando (+10.9% to US$138.19).

Three markets experienced a double-digit increase in occupancy: Norfolk/Virginia Beach, Virginia (+13.8% to 63.2%); Detroit (+11.1% to 72.4%); and Orlando (+10.0% to 91.7%).

Houston, Texas, reported the steepest declines across the three key performance metrics. Occupancy fell 5.6% to 65.2%, ADR was down 15.1% to US$104.94 and RevPAR dropped 19.9% to US$68.42.

No other Top 25 Market reported a double-digit decrease in the metrics.

View weekly U.S. hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



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