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STR: US hotels post declines in 3 key metrics for week ended Dec. 29

U.S. hotels posted negative performance for the week ended Dec. 29, 2018, according to STR data.

Year over year, revenue per available room dropped 2.3% to $66.52, and average daily rate dropped 0.5% to end the week at $130.57. Occupancy dropped 1.8%, to 50.9%.

Houston saw RevPAR drop 23.1% to $32.87, the largest decrease of the top 25 U.S. markets. The market also posted the biggest ADR decrease, falling 10.1% to $78.09, and reported the largest decline in occupancy, falling 14.5%, to 42.1%.

Dallas posted the steepest RevPAR uptick at 15.8% to $43.51 and saw the largest rise in ADR, rising 7.7% to $88.56. The market also posted the largest uptick in occupancy, with the metric rising 7.5%, to 49.1%.