The US hotel industry has registered an 8.1% increase in occupancy to 37.3% during the week 18-24 December 2011, according to data from STR Global.
In year-on-year comparisons, the average daily rate (ADR) increased by 2.7% and revenue per available room (revPAR) rose by 11%.
Houston, Texas, reported the largest occupancy rise of 16.9% to 36.6%, followed by Dallas with a 15.2% increase to 34.2%.
San Francisco/San Mateo, California, and Washington, District of Columbia, also registered growth of 14.6% to 51% and 14.6% to 31.4%, respectively.
Occupancy in Phoenix, Arizona, declined by 4.3% to 35%, the largest decrease in the metric.
According to the report, Denver and San Francisco/San Mateo registered double-digit ADR increases with 10.2%, while New York posted the largest ADR decrease of 3.3%.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSan Francisco/San Mateo, Denver, Houston, Dallas and Philadelphia all achieved revPAR rises of more than 20%.
The only revPAR fall was registered by Phoenix with 1.6%.
In year-on-year comparisons for the week 11-17 December 2011, occupancy in the US rose by 5.9% to 49%, the average daily rate increased by 4.2% and revPAR climbed 10.4%.
New Orleans, Louisiana, reported a 23.5% increase in occupancy to 55.9%, followed by San Diego with an 18.8% rise to 57%; the only double-digit occupancy decreases were reported by San Francisco/San Mateo by 13.3% to 63% and Oahu Island, Hawaii, by 10.2% to 75.2%.