ASIA Travel Tips.com

STR Reports US Hotel Performance for October 2012

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Thursday, 22 November 2012
 

According to data from STR, the U.S. hotel industry reported increases in all three key performance metrics during October 2012.

 Overall, the U.S. hotel industry's occupancy rose 2.4% to 64.4%, its ADR was up 4.2% to US$109.67 and its RevPAR increased 6.7% to US$70.62.

Among the Top 25 Markets, New Orleans, Louisiana, rose 11.9% in occupancy to 77.9%, reporting the largest increase in that metric. Denver, Colorado, followed with a 10.2% increase to 72.4%. Boston, Massachusetts, posted the largest occupancy decrease, falling 3.6% to 81.3%.

New Orleans (+11.3% to US$149.01) and Oahu Island, Hawaii (+10.7% to US$180.21), experienced the largest ADR increases for the month. St. Louis, Missouri-Illinois, fell 3.0% in ADR to US$89.16, reporting the largest decrease in that metric.

Five markets achieved RevPAR increases of more than 15%: New Orleans (+24.6% to US$116.11); Denver, Colorado (+20.8% to US$82.19); Seattle, Washington (+19.4% to US$90.47); Anaheim-Santa Ana, California (+17.0% to US$92.98); and Houston, Texas (+16.0% to US$68.21). Washington, D.C., fell 2.5% in RevPAR to US$114.60, posting the largest decrease in that metric.

See other recent news regarding: Airlines, Airline Traffic, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, RevPAR, Interviews, Pictures, Sports Tourism, Videos, STR, October 2012

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also receive the daily news service by WhatsApp, stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Advertising
Advertising
Copyright © 1997-2020 TravelNewsAsia.com