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Posts Tagged ‘ Hotels ’

Hotels: Occupancy Rate Down Year-over-Year

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Hotels: Occupancy Rate Down Year-over-Year

From HotelNewsNow.com: STR: US hotel results for week ending 7 April The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 1-7 April 2018, according to data from STR. In comparison with the week of 2-8 April 2017, the industry recorded the following: • Occupancy:...
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Hotels: Occupancy Rate up Year-over-Year

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Hotels: Occupancy Rate up Year-over-Year

Note: Hotel occupancy rates increased noticeably following Hurricanes Katrina and Rita in 2005. I expect the overall occupancy rate will also increase following Hurricane Harvey – and stay elevated for several months. This might even push 2017 into record territory. From HotelNewsNow.com: STR: US hotel results for week ending 19 August The U.S. hotel...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

Note: The year-over-year decline this week was related to timing of Halloween, but, in general, hotels are finishing the year strong. It is unlikely, but still possible that 2016 could be the best year ever for hotel occupancy.  2016 will be at least the 2nd best ever behind 2015. From HotelNewsNow.com: STR: US hotel...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 1 October The U.S. hotel industry recorded positive results in the three key performance metrics during the week of 25 September through 1 October 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy increased 1.8% to 70.0%. Average daily rate (ADR) was...
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Hotels: Occupancy Rate on Track to be 2nd Best Year

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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 6 August The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 31 July through 6 August 2016, according to data from STR. In year-over-year comparisons, the industry’s occupancy decreased 1.6% to 75.6%. However, average daily rate was...
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Hotels: Occupancy Rate Tracking just behind Record Year

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Hotels: Occupancy Rate Tracking just behind Record Year

On occupancy from HotelNewsNow.com: STR: US hotel results for week ending 4 June The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 29 May through 4 June 2016, according to data from STR. Affected significantly by a Memorial Day calendar shift, the industry’s occupancy...
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Hotels at Record Occupancy Pace in 2015

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Hotels at Record Occupancy Pace in 2015

From HotelNewsNow.com: STR: US hotel results for week ending 25 April The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 19-25 April 2015, according to data from STR, Inc. In year-over-year measurements, the industry’s occupancy increased 4.3 percent to 69.8 percent. Average daily rate increased 6.5...
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Hotels: Occupancy Rate Finishing 2014 Strong, Best Year since 2000

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Hotels: Occupancy Rate Finishing 2014 Strong, Best Year since 2000

From HotelNewsNow.com: US hotel results for week ending 22 November The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 16-22 November 2014, according to data from STR, Inc. In year-over-year measurements, the industry’s occupancy rose 5.5 percent to 60.7 percent. Average daily rate increased 4.1 percent...
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Hotels: Occupancy Rate tracking pre-recession levels

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Hotels: Occupancy Rate tracking pre-recession levels

Note: We will probably see some impact on travel over the next week or two from the government shutdown. The data below is before the shutdown. From HotelNewsNow.com: STR: US results for week ending 28 September In year-over-year comparisons, occupancy rose 5.8% to 67.8%; ADR was up 8.3% to 5.47; and RevPAR increased 14.5% to...
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Hotels: Occupancy Rate tracking pre-recession levels

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Hotels: Occupancy Rate tracking pre-recession levels

Another update on hotels from HotelNewsNow.com: STR: Chicago tops weekly ADR, RevPAR gains Overall, the U.S. hotel industry’s occupancy rose 0.5% to 72.5%, its ADR increased 4.1% to 1.64 and its RevPAR grew 4.6% to .96. The 4-week average of the occupancy rate is close to normal levels. Note: ADR: Average Daily Rate, RevPAR:...
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