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According to data from STR, the U.S. hotel
industry in May 2012 reported increases in all three key
performance metrics.
Overall, the U.S. hotel industry's occupancy
rose 3.6% to 63.5%, ADR was up 3.9% to US$105.81 and RevPAR
increased 7.7% to US$67.17.
Among the Top 25 Markets, St. Louis,
Missouri-Illinois, experienced the largest occupancy increase with
a 16.5% gain to 70.6%, followed by Nashville, Tennessee, with a
10.6% increase to 70.3%. San Francisco/San Mateo, California, was
the only market to report a slight decrease in occupancy, down
0.4% to 82.3%.
Oahu Island, Hawaii, achieved the only
double-digit ADR increase for the month, rising 10.3% to
US$175.02. Washington, D.C., fell 1.2% in ADR to US$156.62,
reporting the largest decrease in that metric.
Three markets ended the month with RevPAR
increases of more than 15%: Oahu Island (+20.3% to US$144.52),
St. Louis (+19.9% to US$60.68), and Nashville (+15.7% to
US$68.42).
Washington, D.C. (-0.2% to US$121.37) and Denver (-0.1%
to US$70.88) ended the month virtually flat in RevPAR, reporting
the only decreases in that metric.
See other recent news regarding:
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FFP,
Inflight,
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First Class,
Business Class,
MICE,
GDS,
Rewards,
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Traffic,
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Free Deals,
Interviews,
Pictures,
Sports Tourism,
Videos,
STR,
May 2012,
Pipeline,
RevPAR,
ADR
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