TravelNewsAsia.com
Mon, 22 May 2017

U.S. Hotel Industry Reports April 2017 Increase in ADR and RevPAR

According to data from STR, the U.S. hotel industry reported mixed results in the three key performance metrics for April 2017.

In a year-on-year comparison with April 2016, the industry reported a -0.7% decrease in Occupancy to 67.5%, ADR grew by 2.4% to US$126.26 and RevPAR increased 1.7% to US$85.19.

“We saw the opposite of the previous month with performance negatively affected by the Easter calendar shift (March 2016 to April 2017),” said Jan Freitag, STR’s senior VP of lodging insights. “Group occupancy in particular was down 12.5% year-on-year as meeting planners avoided the time around the holiday. Even with that decline in the group segment and supply growth continuing around 2%, the absolute occupancy level was the second-highest for any April on record.”

Four Seasons Resort Orlando at Walt Disney World Resort

Among the Top 25 Markets, Orlando, Florida, posted the largest increase in RevPAR (+17.6% to US$112.83), driven primarily by the month’s only double-digit rise in ADR (+10.0% to US$132.55). Occupancy in the market rose 6.9% to 85.1%.

“Orlando is obviously a popular destination market, so while many major markets reported negative results around Easter, Orlando saw a boost with transient demand likely lifted by school breaks and family vacations.”

Norfolk/Virginia Beach, Virginia, saw the largest increase in occupancy (+8.2% to 68.4%) and the only other double-digit lift in RevPAR (+11.6% to US$64.99).

Other top RevPAR increases were reported in Seattle, Washington (+8.4% to US$109.40); Anaheim/Santa Ana, California (+8.1% to US$122.85); and Phoenix, Arizona (+8.0% to US$111.26).

New Orleans, Louisiana, reported the steepest declines across the three key performance metrics. Occupancy fell 7.8% to 73.3%, ADR was down 12.4% to US$157.45 and RevPAR dropped 19.2% to US$115.43.

Houston, Texas, was the only other Top 25 Market to show a double-digit decrease in RevPAR (-13.5% to US$67.33).

“More than half of the Top 25 Markets experienced a RevPAR decline for the month, but that is not a surprise with the Easter shift,” Freitag said. “Overall, all other markets (RevPAR: +2.1%) outperformed the major markets (+0.8%). That also is not surprising given that supply growth is 100 basis points higher in the Top 25.”

See other recent news regarding: STR, ADR, RevPAR.

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also 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.
     
Exclusive HD video interview with Mr. Fumihiro Sakakibara, General Manager - Japan, Macao Government Tourism Office. Aviation industry update from the Group CEO of AirAsia, Mr. Tony Fernandes, and Gary Chapman, Emirates' President Group Services and dnata. Exclusive HD video interview with Mr. John R. Rolfs, General Manager of The Ritz-Carlton, Tokyo and Vice President Japan & Korea. In this interview, filmed in a luxurious suite at The Ritz-Carlton, Tokyo on Sunday, 24 September 2017, we ask Mr. Rolfs to tell us more about the property.
Macao Tourism Update Aviation: AirAsia and Emirates The Ritz-Carlton, Tokyo
What exactly is going to happen to The Dusit Thani Bangkok hotel, when will it close, what about the staff, when will the new Dusit Thani Bangkok open and what will it be like? In this exclusive HD video interview with Ms. Sukanya Janchoo, General Manager of The Dusit Thani Bangkok, Steven Howard of TravelNewsAsia.com asks Khun Sukanya about the hotel, its markets, RevPAR and these major changes. Travelodge Hotels Asia’s Brands and Expansion Plans - Exclusive HD Video Interview with Stephen Burt, Chairman. Exclusive HD video interview with Alejandro Bernabe, Group Director of Avani Hotels and Resorts. We talk about Avani Hotels' future plans and what exciting new developments are in the pipeline. You will also learn that Avani is about to announce a new sub brand, is currently building its first resort with private pool villas and what the group's position is on new technology.
Dusit Thani Bangkok Travelodge Hotels Asia Avani Hotels & Resorts
Jonathan Wigley, CEO of Travelodge Thailand, outlines expansion plans in HD Video Interview. Exclusive HD video interview with Myanmar's Minister of Tourism and Hotels, H.E. U Ohn Maung, about the status of tourism in the beautiful and mystical country of Myanmar (formerly known as Burma). Birth of a Luxury Thai Hotel Brand - HD Video Interview with Christopher E. Stafford, Chief Operating Officer of the newly formed 137 Pillars Hotels & Resorts.
CEO of Travelodge Thailand Myanmar Tourism Update Birth of Luxury Thai Hotel Brand
This HD video tour of Thai AirAsia X's brand new 337-seat Airbus A330-300 aircraft was filmed at Don Mueang Airport in Bangkok, Thailand on 14 May 2014  Exclusive HD video interview with Jaime J. Bautista, President & Chief Operating Officer (COO) of Philippine Airlines (PAL) HD video of the interior and exterior of a Thai Vietjet Airbus A320-200.
Thai AirAsia X A330-300 PAL President & COO Thai Vietjet A320-200
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Copyright © 1997-2017 ASIATravelTips.com/TravelNewsAsia.com