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STR: US hotels log YOY declines in 2 key metrics for week ended Aug. 10

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STR: US hotels log YOY declines in 2 key metrics for week ended Aug. 10

U.S. hotels posted largely negative performance for the week ended Aug. 10, according to STR data.

Year over year, average daily rate increased 0.4% to end the week at $133.36, while revenue per available room declined 1.0% to $98.88. Occupancy fell 1.4%, to 74.1%.

Minneapolis/St. Paul, Mo.-Wis., recorded the biggest boost in occupancy of the top 25 U.S. markets, with the metric rising 6.8%, to 84.1%, and recorded the steepest RevPAR uptick at 10.3% to $109.00.

On the ADR front, Anaheim/Santa Ana, Calif., saw the largest increase at 6.9% to $195.54.

St. Louis, Mo.-Ill., reported the largest decline in occupancy, falling 11.8%, to 70.9%. The market also logged the biggest ADR and RevPAR declines, dropping 13.2% to $106.09, and 23.5% to $75.23, respectively.