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STR: US hotels log mixed results for week ended March 16

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STR: US hotels log mixed results for week ended March 16

U.S. hotels recorded mostly negative performance for the week ended March 16, according to STR data.

Year over year, occupancy fell 0.9%, to 70.2%, and average daily rate, or ADR, rose 0.6% to end the week at $134.50. Revenue per available room, or RevPAR, declined 0.3% to $94.40.

Philadelphia saw the steepest decline in occupancy of the top 25 U.S. markets, dropping 9.4%, to 65.5%, and RevPAR in Boston decreased 12.6% to $118.41, the biggest fall.

Chicago posted the biggest ADR decrease, dropping 5.4% to $124.85.

Los Angeles/Long Beach, Calif., posted the largest uptick in occupancy, with the metric rising 3.3%, to 85.1%, and New Orleans saw the largest jump in ADR, increasing 9.5% to $178.41.

Denver recorded the largest RevPAR growth at 9.1% to $104.57.