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STR: US hotels register negative YOY performance for week ended Dec. 28, 2019

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STR: US hotels register negative YOY performance for week ended Dec. 28, 2019

U.S. hotels logged negative performance for the week ended Dec. 28, 2019, according to STR data.

Year over year, revenue per available room fell 7.4% to $62.00, while average daily rate declined 2.6% to finish the week at $127.92. Occupancy dropped 4.9%, to 48.5%.

Nashville, Tenn., saw RevPAR fall 22.9% to $55.40, the largest decrease of the top 25 U.S. markets. The market also logged the sharpest decline in occupancy, dropping 13.6%, to 46.9%, and the biggest ADR decrease, down 10.9% to $118.04.

Phoenix logged the largest RevPAR uptick at 11.3% to $68.58 and posted the largest increase in occupancy, with the metric rising 4.3%, to 58.0%. Atlanta saw the largest increase in ADR, adding 7.8% to $91.11.