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STR: US hotels log declines in 3 key metrics for week ended Aug. 3

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STR: US hotels log declines in 3 key metrics for week ended Aug. 3

U.S. hotels recorded negative performance for the week ended Aug. 3, according to the latest STR data.

Year over year, average daily rate fell 0.3% to finish the week at $133.03, and revenue per available room declined 1.1% to $99.45. Occupancy fell 0.8%, to 74.8%.

St. Louis, Mo.-Ill., saw the largest uptick in ADR of the top 25 U.S. markets, rising 13.1% to $121.11, and the market recorded the highest RevPAR increase at 19.1% to $97.07.

Norfolk/Virginia Beach, Va., posted the largest rise in occupancy, climbing 5.8%, to 80.7%.

San Francisco/San Mateo, Calif., posted the largest declines in ADR and RevPAR, dropping 9.7% to $226.68 and 15.0% to $195.48, respectively.

Boston experienced the steepest drop in occupancy, down 6.0%, to 85.4%.