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STR: US hotels log largely positive results for week ended Feb. 10


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STR: US hotels log largely positive results for week ended Feb. 10

U.S. hotels recorded mostly positive performance for the week ended Feb. 10, according to STR data.

Year over year, average daily rate moved higher by 2.8% to finish the week at $125.09, while revenue per available room ticked up 2.6% to $74.48. Occupancy dropped 0.2% to 59.5%.

Super Bowl LII host Minneapolis/St. Paul, Minn.-Wis., saw the largest rise in ADR of the top 25 U.S. markets, increasing 57.9% to $171.17, and the market logged the steepest RevPAR increase at 77.3% to $108.56.

Philadelphia, Pa.-N.J., recorded the largest uptick in occupancy, with the metric rising 16.7% to 66.3%. STR attributed the increase to the Philadelphia Eagles' Super Bowl win and the subsequent celebratory parade.

Affected by comparisons with its Super Bowl host week in 2017, Houston recorded the biggest ADR decrease, falling 18.6% to $115.36.

Seattle saw RevPAR decline 17.2% to $94.81, the largest decrease, and reported the largest decline in occupancy, dropping 12.3% to 68.6%.