Market Report U.S.

Mostly Positive YOY Results for US Hotel Industry for Week Ending July 15th - 2017

The U.S. hotel industry reported mostly positive year-over-year performance during the week ending 15 July. Occupancy was mostly flat (-0.1% to 77.4%), while a 1.7% ADR increase to $130.76 drove RevPAR up 1.6% to $101.15.

The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 9-15 July 2017, according to data from STR.

In comparison with the week of 10-16 July 2016, the industry recorded the following:

  • Occupancy: -0.1% to 77.4%
  • Average daily rate (ADR): +1.7% to US$130.76
  • Revenue per available room (RevPAR): +1.6% to US$101.15

Among the Top 25 Markets, New Orleans, Louisiana, registered the largest year-over-year increase in RevPAR (+12.7% to US$88.03), due primarily to the week’s only double-digit rise in ADR (+10.9% to US$129.79).

Two additional markets recorded a double-digit lift in RevPAR for the week: Washington, D.C.-Maryland-Virginia (+11.9% to US$141.83), and Tampa/St. Petersburg, Florida (+11.4% to US$92.64).

Tampa/St. Petersburg saw the week’s largest increase in occupancy (+5.6% to 77.6%).

The week’s three largest RevPAR decreases were reported in: Dallas, Texas (-7.9% to US$76.61); Chicago, Illinois (-7.7% to US$121.41); and Philadelphia, Pennsylvania-New Jersey (-6.8% to US$104.92).

Among those markets, Chicago reported the largest decrease in ADR (-5.5% to US$146.29), while Dallas experienced the largest decline in occupancy (-6.8% to 74.5%).

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.



Logos, product and company names mentioned are the property of their respective owners.

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from STR