Negative YOY Results for US Hotel Industry for Week Ending November 16th – 2019

Moxy Boston Downtown Hotel

U.S. hotel occupancy decreased 3.6% to 64.2% during the week of 10-16 November. ADR dipped 0.6% to $129.96 and RevPAR dropped 4.2% to $81.49.

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 10-16 November 2019, according to data from STR.

In comparison with the week of 11-17 November 2018, the industry recorded the following:

• Occupancy: -3.6% to 64.2%
• Average daily rate (ADR): -0.6% to US$129.96
• Revenue per available room (RevPAR): -4.2% to US$81.49

Overall, 16 of the Top 25 Markets reported a decrease in RevPAR.

Boston, Massachusetts, experienced the only double-digit decline in occupancy (-14.1% to 74.3%) and the steepest drop in RevPAR (-20.8% to US$149.14).

New Orleans, Louisiana, recorded the only double-digit decline in ADR (-10.2% to US$142.45) and the second-steepest decrease in RevPAR (-15.0% to US$99.35).

Minneapolis/St. Paul, Minnesota-Wisconsin, saw the largest increases in each of the three key performance metrics: occupancy (+7.8% to 67.1%), ADR (+7.1% to US$123.26) and RevPAR (+15.4% to US$82.73).

Oahu Island, Hawaii, registered the second-highest jump in RevPAR (+6.2% to US$188.40), driven by the second-largest lift in ADR (+4.5% to US$225.89).

View U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.