Posted on: June 17 2013 | Posted in: Latest NewsNew Orleans in top 25 at the beginning of the summer.
June 17, 2013
HENDERSONVILLE, Tennesseeâ€”The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 2-8 June 2013, according to data from STR.
In year-over-year comparisons, occupancy was down 1.9 percent to 67.1 percent, average daily rate increased 1.5 percent to US$109.32 and revenue per available room fell 0.4 percent to US$73.37.
Among the Top 25 Markets, New Orleans, Louisiana, reported the only double-digit occupancy increase, rising 17.5 percent to 74.5 percent. Washington, D.C. (-9.0 percent to 75.3 percent), and Philadelphia, Pennsylvania-New Jersey (-7.0 percent to 71.7 percent), posted the largest occupancy decreases for the week.
Oahu Island, Hawaii, achieved the largest ADR increase, rising 13.8 percent to US$204.12. New Orleans followed with a 10.4-percent increase to US$133.97. Philadelphia, Pennsylvania-New Jersey, reported the largest ADR decrease, falling 6.9 percent to US$126.33, followed by Atlanta, Georgia, with a 6.4-percent decrease to US$83.58.
Four markets experienced double-digit RevPAR increases: New Orleans (+29.7 percent to US$99.82); Houston, Texas (+12.9 percent to US$70.06); Oahu Island (+11.3 percent to US$166.97); and Detroit, Michigan (+10.7 percent to US$61.07). Three markets reported RevPAR decreases of more than 10 percent: Philadelphia (-13.4 percent to US$90.52); Washington, D.C. (-11.2 percent to US$115.15); and Atlanta (-10.5 percent to US$51.60).