Tourism Industry News
US hotels; The Luxury segment the only one to experience an increase
The U.S. hotel industry posted declines in all three key performance measurements during the week of 28 June-4 July 2009, according to data from STR.
In year-over-year measurements, the industry’s occupancy fell 6.0 percent to end the week at 57.7 percent. Average daily rate dropped 7.4 percent to finish the week at US$95.16. Revenue per available room for the week decreased 13.0 percent to finish at US$54.94.
Among the Top 25 Markets, two markets reported increases in all three key metrics for the week. New Orleans, Louisiana, increased 5.4 percent in occupancy to 68.6 percent, rose in ADR 4.6 percent to US$133.83 and reported the only double-digit increase in RevPAR (+10.2 percent to US$91.85). Washington, D.C., reported a 1.4-percent increase in occupancy to 67.6 percent, a 0.4-percent rise in ADR to US$128.43, and a 1.8-percent growth in RevPAR to US$86.85.
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