trending Market Intelligence /marketintelligence/en/news-insights/trending/FghEgA409n7MiuZoo4sCzg2 content
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.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

STR: US hotel occupancy, RevPAR decline in week ended March 9

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


STR: US hotel occupancy, RevPAR decline in week ended March 9

U.S. hotels logged mostly negative performance for the week ended March 9, according to STR data.

Year over year, occupancy dropped 2.4%, to 66.8%, and average daily rate, or ADR, ticked up 0.8% to $132.01. Revenue per available room, or RevPAR, fell 1.7% to $88.15.

Philadelphia, Pa.-N.J., reported the steepest decline in occupancy of the top 25 U.S. markets, dropping 15.2%, to 67.4%, and saw RevPAR fall 20.1% to $85.19, the largest decrease.

New Orleans recorded the biggest ADR decrease, losing 9.5% to $187.15.

San Francisco/San Mateo, Calif., logged the largest uptick in occupancy, with the metric rising 3.3%, to 80.7%. The market also posted the largest RevPAR uptick at 50.1% to $246.80 and saw the largest rise in ADR, increasing 45.3% to $305.91.