Published on : Saturday, December 7, 2013
The U.S. hotel industry reported decreases in the three key performance metrics during the week of 24-30 November 2013, according to data from STR.
In year-over-year comparisons, occupancy fell 9.9 percent to 47.0 percent; average daily rate was down 5.5 percent to US$97.36; and revenue per available room decreased 14.8 percent to US$45.73.
Among the Top 25 Markets, Orlando, Florida (+17.8 percent to 64.0 percent), Anaheim-Santa Ana, California (+12.4 percent to 63.0 percent), and San Diego, California (+5.4 percent to 56.7 percent), reported the only occupancy increases for the week. Washington, D.C., fell 27.1 percent in occupancy to 41.9 percent, posting the largest decrease in that metric. Chicago, Illinois, followed with a 26.3-percent decrease in occupancy to 48.8 percent.
Oahu Island, Hawaii, rose 13.9 percent in ADR to US$202.10, achieving the only double-digit increase in that metric. Anaheim-Santa Ana followed with an 8.8-percent increase in ADR to US$120.03. Washington, D.C., fell 30.4 percent in ADR to US$97.57, reporting the largest decrease in that metric. Atlanta, Georgia, followed with a 27.4-percent decrease in ADR to US$66.67.
Two markets experienced RevPAR increases of more than 20 percent: Orlando (+26.0 percent to US$56.94) and Anaheim-Santa Ana (+22.2 percent to US$75.62). Washington, D.C. (-49.2 percent to US$40.86) and Chicago (-45.8 percent to US$52.92) reported the largest RevPAR decreases for the week.
Source: STR.
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