Among the Top 25 Markets, San Francisco/San Mateo, California, reported the largest occupancy increase, rising 7.9 percent to 87.3 percent, followed by Anaheim-Santa Ana, California (+7.8 percent to 74.8 percent), and Minneapolis-St. Paul, Minnesota-Wisconsin (7.2 percent to 72.2 percent).
HENDERSONVILLE, TENNESSEE – According to STR, The U.S. hotel industry reported positive results in the three key performance metrics during the week of 21-27 April 2013, according to data from STR.
In year-over-year comparisons, occupancy was up 0.4 percent to 65.2 percent, average daily rate rose 3.2 percent to US$110.19 and revenue per available room increased 3.6 percent to US$71.84.
Among the Top 25 Markets, San Francisco/San Mateo, California, reported the largest occupancy increase, rising 7.9 percent to 87.3 percent, followed by Anaheim-Santa Ana, California (+7.8 percent to 74.8 percent), and Minneapolis-St. Paul, Minnesota-Wisconsin (7.2 percent to 72.2 percent). New Orleans, Louisiana, fell 13.9 percent in occupancy to 73.4 percent, posting the only double-digit decrease in that metric.
San Francisco/San Mateo (+19.6 percent to US$185.00), and Oahu Island, Hawaii (+13.7 percent to US$196.71), achieved the largest ADR increases for the week. New Orleans fell 4.8 percent in ADR to US$160.87, reporting the largest decrease in that metric.
Four markets experienced double-digit RevPAR increases: San Francisco/San Mateo (+29.0 percent to US$161.44); Oahu Island (+20.1 percent to US$167.87); Anaheim-Santa Ana (+18.0 percent to US$94.00); and Miami-Hialeah, Florida (+10.1 percent to US$154.12). New Orleans reported the largest RevPAR decrease, falling 18.0 percent to US$118.08.
