STR Reports US Hotel Occupancy Down for Week Ending September 22, 2012

Occupancy Down 1.0% and ADR Increases 0.3% to US$107.82

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. October 01, 2012

October 1, 2012 - The U.S. hotel industry experienced mixed results in the three key performance metrics during the week of 16-22 September 2012, according to data from STR.

In year-over-year comparisons, occupancy fell 1.0 percent to 66.0 percent, average daily rate was up 0.3 percent to US$107.82 and revenue per available room ended the week virtually flat with a 0.6-percent decrease to US$71.20.

Among the Top 25 Markets, New Orleans, Louisiana, rose 15.0 percent in occupancy to 75.5 percent, reporting the largest increase in that metric.

Anaheim-Santa Ana, California, followed with a 12.7-percent increase to 76.4 percent. Two markets experienced double-digit occupancy decreases: Orlando, Florida (-16.8 percent to 53.0 percent), and Washington, D.C. (-10.1 percent to 73.9 percent).

San Francisco/San Mateo, California, achieved the largest ADR increase, rising 25.1 percent to US$219.99, followed by Oahu Island with an 11.9-percent increase to US$184.38. New York, New York (-14.1 percent to US$301.43), and Washington, D.C. (-12.8 percent to US$154.71), posted the largest ADR decreases for the week.

Three markets experienced RevPAR increases of more than 15 percent: San Francisco/San Mateo (+26.7 percent to US$206.84); Anaheim-Santa Ana (+19.3 percent to US$90.04); and New Orleans (+19.1 percent to US$90.46). Orlando fell 25.6 percent in RevPAR to US$42.04, reporting the largest decrease in that metric, followed by Washington, D.C., with a 21.6-percent decrease to US$114.27.