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STR: US hotel RevPAR climbs 7.6% in week ended Dec. 23

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STR: US hotel RevPAR climbs 7.6% in week ended Dec. 23

U.S. hotels logged positive performance for the week ended Dec. 23, according to STR data.

Year over year, revenue per available room jumped 7.6% to $48.28, average daily rate rose 0.5% to $106.97, and occupancy increased 7.1% to 45.1%.

Houston recorded the largest gains across all three key performance metrics among the top 25 U.S. markets. The market saw RevPAR soar 56.7% to $47.00, while ADR grew 17.3% to $92.28. Occupancy grew 33.5%, to 50.9%.

On the flip side, Oahu Island, Hawaii, logged the worst performance across the three key performance metrics, with RevPAR falling 10.1% to $184.39; ADR dropping 5.7% to $242.60; and occupancy sliding 4.7%, to 76.0%.