Market Report U.S.

Positive YOY Results for US Hotel Industry for Week Ending January 13th - 2018

The U.S. hotel industry reported mostly positive performance results during the week of 7-13 January. Occupancy rose just 0.2% to 56.7%, ADR increased 5.4% to $129.08 and RevPAR rose 5.5% to $73.16.

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 7-13 January 2018, according to data from STR.

In comparison with the week of 8-14 January 2017, the industry recorded the following:

  • Occupancy: +0.2% to 56.7%
  • Average daily rate (ADR): +5.4% to US$129.08
  • Revenue per available room (RevPAR): +5.5% to US$73.16

Among the Top 25 Markets, Houston, Texas, reported the largest increase in RevPAR (+24.5% to US$71.78), due primarily to the only double-digit increase in occupancy (+17.9% to 66.5%).

Miami/Hialeah, Florida, posted the only double-digit lift in ADR (+11.0% to US$233.92), which resulted in the second-highest jump in RevPAR (+17.5% to US$186.55).

Philadelphia, Pennsylvania-New Jersey, experienced the second-highest rise in occupancy (+8.2% to 59.5%). RevPAR in the market grew 12.0% to US$70.09.

Detroit, Michigan, reported the steepest decline in RevPAR (-29.6% to US$62.73), primarily because of the largest decrease in ADR (-20.1% to US$107.20).

Tampa/St. Petersburg, Florida, experienced the largest drop in occupancy (-12.5% to 69.3%), along with the second-largest decreases in ADR (-15.7% to US$129.36) and RevPAR (-26.2% to US$89.67).

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.