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STR: US hotels register YOY increases in 3 key metrics for week ended Jan. 4

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STR: US hotels register YOY increases in 3 key metrics for week ended Jan. 4

U.S. hotels posted positive performance for the week ended Jan. 4, according to STR data.

Year over year, revenue per available room moved up 4.3% to $66.84, and average daily rate increased 4.0% to finish the week at $136.46. Occupancy ticked up 0.3%, to 49.0%.

Oahu Island, Hawaii, booked the largest RevPAR uptick of the top 25 U.S. markets at 22.4% to $369.64 and saw the largest rise in ADR, increasing 16.0% to $405.95.

Miami/Hialeah, Fla., recorded the largest increase in occupancy, with the metric rising 11.1%, to 86.2%.

RevPAR in the New Orleans market declined 10.8% to $106.86, the largest decrease. The market also logged the biggest ADR decrease, dropping 8.0% to $159.35.

Atlanta posted the sharpest decline in occupancy, dropping 6.6%, to 49.8%.