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STR: US hotels log YOY gains in 2 key metrics for week ended Aug. 31

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STR: US hotels log YOY gains in 2 key metrics for week ended Aug. 31

U.S. hotels posted largely positive performance for the week ended Aug. 31, according to STR data.

Year over year, the average daily rate rose 1.4% to end the week at $127.26, while revenue per available room increased 1.0% to $84.87. Occupancy declined 0.4%, to 66.7%.

San Francisco/San Mateo, Calif., saw the largest uptick in ADR of the top 25 U.S. markets, adding 24.2% to $267.26, and the market logged the biggest RevPAR increase at 35.2% to $236.56.

New Orleans recorded the largest uptick in occupancy, with the metric rising 12.7%, to 60.4%.

Miami/Hialeah, Fla., logged the biggest ADR decrease, falling 6.6% to $137.27.

Orlando, Fla., saw RevPAR fall 24.1% to $52.84, the largest decrease, and reported the sharpest decline in occupancy, falling 21.6%, to 52.4%.