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STR: US hotels post YOY increases in 3 key metrics for week ended Aug. 24

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STR: US hotels post YOY increases in 3 key metrics for week ended Aug. 24

U.S. hotels recorded positive performance for the week ended Aug. 24, according to STR data.

Year over year, revenue per available room rose 1.2% to $90.08, and average daily rate ticked up 0.5% to finish the week at $128.57. Occupancy rose 0.8%, to 70.1%.

Orlando, Fla., logged the steepest RevPAR uptick of the top 25 U.S. markets at 18.0% to $72.85 and the largest increase in ADR, rising 10.3% to $107.43.

Houston posted the largest boost in occupancy, with the metric rising 14.8%, to 64.2%.

Nashville, Tenn., saw RevPAR fall 16.0% to $100.11, the largest decrease. The market also recorded the biggest ADR decrease, declining 7.3% to $139.43, and the steepest decline in occupancy, dropping 9.4%, to 71.8%.