Martens Companies 

STR: US hotel results for week ending 23 February

U.S. hotel occupancy decreased 1.7% to 64.7% during the week of 17-23 February, while ADR increased 1.7% to $129.05 and RevPAR was flat at $83.43.

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 17-23 February 2019, according to data from STR.

In comparison with the week of 18-24 February 2018, the industry recorded the following:

  • Occupancy: -1.7% to 64.7%
  • Average daily rate (ADR): +1.7% to US$129.05
  • Revenue per available room (RevPAR): flat at US$83.43

Among the Top 25 Markets, San Francisco/San Mateo, California, registered the largest increase in RevPAR (+14.0% to US$168.54), which was driven primarily by the only double-digit lift in ADR (+11.3% to US$214.73).

Denver, Colorado, experienced the highest rise in occupancy (+5.7% to 70.5%) and the second-largest jump in RevPAR (+9.8% to US$85.46).

Atlanta, Georgia, reported the second-largest increase in ADR (+6.6% to US$113.56), which resulted in the third-highest rise in RevPAR (+3.6% to US$77.58).

Seattle, Washington, saw the steepest decline in ADR (-2.9% to US$130.10) and the second-largest drop in occupancy (-9.4% to 62.1%), which resulted in the largest decrease in RevPAR (-12.0% to US$80.80).

Norfolk/Virginia Beach, Virginia, experienced the only double-digit drop in occupancy (-10.9% to 52.2%) and the only other double-digit decline in RevPAR (-11.4% to US$42.80).

Overall, 17 of the Top 25 Markets reported decreases in RevPAR. 

Download STR’s weekly U.S. hotel review.

The award-winning Hospitality Management team operates four Best Western-branded hotels and five overall in Kansas and Oklahoma. The Hospitality Management team provides day-to-day and asset management to nationally branded hotel and motel properties.
Hospitality Management’s goal is to outperform industry averages for RevPAR, hotel occupancy and ROI. Hospitality Management focuses on the personal growth of our employees and maintaining the highest standards for our guest’s satisfaction. Hospitality Management strives to achieve superior operating performance that maximizes property values.


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