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STR: US hotels post positive results for week ended Dec. 22

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STR: US hotels post positive results for week ended Dec. 22

U.S. hotels recorded positive results in three key performance metrics for the week ended Dec. 22, according to STR data.

Year over year, revenue per available room moved up 4.7% to $50.57, and average daily rate rose 0.4% to end the week at $106.97. Occupancy ticked up 4.3% to 47.3%.

Boston recorded the largest RevPAR increase of the top 25 U.S. markets, with a 24.5% gain to $64.14, and saw the largest uptick in ADR, which rose 8.3% to $135.70. The market also posted the largest rise in occupancy, with the metric rising 15.0%, to 47.3%.

Houston saw RevPAR drop 19.6% to $37.51, the largest decrease. The market also posted the greatest ADR decrease, which declined 6.4% to $85.11, and reported the largest decline in occupancy, which fell 14.2% to 44.1%.