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%.