STR Analytics

Average daily rate (US$220.36) and revenue per available room (US$149.36) in the region reached record levels in 2014, while occupancy

Since 2010, hotel development in oil and gas market tracts have accounted for 25 percent of new supply that has

Industry-wide, the growth in operating expenses outpaced departmental expenses, similar to what occurred in 2006 and 2007. On a PAR

For new hotel projects, the average cost of construction in 2014 was $186,000 per room, illustrating the premium buyers are

The U.S. hotel industry’s occupancy was up 3.9 percent to 65.7 percent; its average daily rate rose 5.3 percent to

Pricing remains strong with the average price per key in 2013 at US$192,000.

For the 16-day government shutdown, year-over-year occupancy declined in all 10 locations examined. More than half of the locations experienced