STR Reports US Hotel Occupancy for Week Ending April 30, 2011

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. May 09, 2011

May 6, 2011 - Miami-Hialeah, Florida, posted the only double-digit ADR increase, rising 14.0 percent to US$165.58.

The U.S. hotel industry reported increases in all three key performance metrics during the week of 24-30 April 2011, according to data from STR.

In year-over-year comparisons, occupancy rose 4.4 percent to 61.3 percent, average daily rate increased 1.0 percent to US$99.23, and revenue per available room finished the week up 5.5 percent to US$60.78.

Among the Top 25 Markets, Orlando, Florida, rose 19.9 percent in occupancy to 75.0 percent, reporting the largest increase in that metric, followed by Minneapolis-St. Paul, Minnesota-Wisconsin, with a 16.3-percent increase to 66.6 percent.

Washington, D.C., experienced the largest decreases in all three key performance metrics. The market's occupancy fell 10.1 percent to 70.1 percent, ADR was down 9.5 percent to US$147.04, and RevPAR dropped 18.6 percent to US$103.01.

Miami-Hialeah, Florida, posted the only double-digit ADR increase, rising 14.0 percent to US$165.58.

Four markets achieved RevPAR increases of more than 15 percent: Orlando (+26.8 percent to US$74.90); Minneapolis-St. Paul (+25.3 percent to US$64.92); Miami-Hialeah (+24.6 percent to US$131.77); and Nashville, Tennessee (+17.8 percent to US$62.83).

About STR
STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.str.com.