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STR: US hotels register YOY increases in 2 key metrics for week ended Sept. 14

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STR: US hotels register YOY increases in 2 key metrics for week ended Sept. 14

U.S. hotels recorded mostly positive performance for the week ended Sept. 14, according to STR data.

Year over year, average daily rate and revenue per available room rose 0.8% each to $132.59 and $92.26, respectively. Occupancy stayed flat at 69.6%.

Performance for the comparable period in 2018 was lower because of Hurricane Florence, STR noted.

Norfolk/Virginia Beach, Va., saw the largest increase in ADR of the top 25 U.S. markets, increasing 15.9% to $99.69. The market also logged the highest RevPAR uptick at 63.0% to $67.12 and the largest increase in occupancy, with the metric rising 40.6%, to 67.3%.

Chicago logged the biggest ADR decrease, losing 9.7% to $179.85, and saw RevPAR decrease 12.0% to $145.75, the largest decrease.

Atlanta reported the sharpest decline in occupancy, dropping 8.3%, to 69.3%.