trending Market Intelligence /marketintelligence/en/news-insights/trending/1txit3cexbr0ngi1ueu3tw2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

STR: US hotels see downturns in 3 key metrics for the week ended Dec. 24

L.K. Bennett: Bankruptcy Case Study

State Of Singapore Online Video Subscription

Power Forecast Briefing: Capacity Shortfalls to Test the Renewable Energy Transition

Episode 43 - More Change, M&A On Horizon For Equity Research Industry


STR: US hotels see downturns in 3 key metrics for the week ended Dec. 24

U.S. hotels logged negative performance for the week ended Dec. 24, according to STR data.

Year over year, revenue per available room declined 4.2% to $44.76, while average daily rate fell 3.0% to finish the week at $106.06. Occupancy dropped 1.2% to 42.2%.

Miami/Hialeah, Fla., hotels saw RevPAR fall 31.1% to $111.61, the largest decrease of the top 25 U.S. markets, and posted the largest ADR decrease, a 22.4% decline to $178.88.

Orlando, Fla., reported the largest occupancy decline, an 18.5% drop to 62.0%.

Washington, D.C.-Md.-Va., hotels logged the largest RevPAR increase with an 18.6% climb to $37.72 and saw the largest increase in ADR, adding 8.9% to $100.40. The market also posted the largest uptick in occupancy, with the metric rising 8.9% to 37.6%.