U.S. hotels posted negative performance for the week ended Oct. 12, according to STR data.
Year over year, revenue per available room declined 2.6% to $92.99, and average daily rate fell 1.2% to end the week at $131.38. Occupancy dropped 1.4%, to 70.8%. STR analysts attributed performance drops in many markets to the Yom Kippur calendar shift.
New Orleans saw RevPAR decline 23.9% to $103.75, the largest decrease. The market also posted the biggest ADR decrease, dropping 11.3% to $151.15, and reported the steepest fall in occupancy, dropping 14.2%, to 68.6%.
St. Louis, Mo.-Ill., posted the highest RevPAR uptick of the top 25 U.S. markets at 13.3% to $83.16 and saw the largest rise in ADR, adding 6.9% to $113.45.
Tampa/St. Petersburg, Fla., recorded the largest boost in occupancy, with the metric rising 6.5%, to 69.3%.