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STR: US hotels log YOY declines in 2 key metrics for week ended Aug. 17

U.S. hotels posted negative year-over-year results for two key performance metrics during the week ended Aug. 17, according to STR data.

Year over year, average daily rate increased 0.4% to end the week at $130.89, while revenue per available room declined 0.6% to $93.90. Occupancy fell 1.0%, to 71.7%.

Phoenix recorded the biggest boost in occupancy of the top 25 U.S. markets, with the metric rising 8.0%, to 62.9%, and the market recorded the highest RevPAR increase at 12.9% to $55.94.

On the ADR front, Oahu Island, Hawaii, saw the largest increase at 5.0% to $274.36.

Orlando, Fla., reported the largest decline in occupancy, falling 5.0%, to 66.4%.

Chicago posted the highest decline in RevPAR at 12.2% to $108.14 and saw the largest drop in ADR at 8.0% to $143.25.