trending Market Intelligence /marketintelligence/en/news-insights/trending/PC4cIgqXHYmVwQYSGKmfJw2 content esgSubNav
In This List

STR: US hotels register negative YOY performance for week ended Dec. 28, 2019

Blog

Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders

Blog

Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns

Blog

Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up

Podcast

Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium


STR: US hotels register negative YOY performance for week ended Dec. 28, 2019

U.S. hotels logged negative performance for the week ended Dec. 28, 2019, according to STR data.

Year over year, revenue per available room fell 7.4% to $62.00, while average daily rate declined 2.6% to finish the week at $127.92. Occupancy dropped 4.9%, to 48.5%.

Nashville, Tenn., saw RevPAR fall 22.9% to $55.40, the largest decrease of the top 25 U.S. markets. The market also logged the sharpest decline in occupancy, dropping 13.6%, to 46.9%, and the biggest ADR decrease, down 10.9% to $118.04.

Phoenix logged the largest RevPAR uptick at 11.3% to $68.58 and posted the largest increase in occupancy, with the metric rising 4.3%, to 58.0%. Atlanta saw the largest increase in ADR, adding 7.8% to $91.11.