Negative YOY Performance for US Hotel Industry for Week Ending December 29th – 2018

Hotel No Vacancy sign - Photo by KEEM IBARRA on Unsplash
Negative YOY Performance for US Hotel Industry for Week Ending December 29th – 2018

For the week of 23-29 December, the U.S. hotel industry saw occupancy dip 1.8% to 50.9%, ADR decline 0.5% to $130.57 and RevPAR decrease 2.3% to $66.52.

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 23-29 December 2018, according to data from STR.

In comparison with the week of 24-30 December 2017, the industry recorded the following:

• Occupancy: -1.8% to 50.9%
• Average daily rate (ADR): -0.5% to US$130.57
• Revenue per available room (RevPAR): -2.3% to US$66.52

Among the Top 25 Markets, Dallas, Texas, reported the only double-digit lift in RevPAR (+15.8% to US$43.51), driven by the largest increases in occupancy (+7.5% to 49.1%) and ADR (+7.7% to US$88.56). The market’s most significant performance jumps were seen during the night of the College Football Playoff Semifinal between Notre Dame and Clemson.

St. Louis, Missouri-Illinois, posted the second-highest jump in RevPAR (+8.3% to US$36.18), due to the second-largest increases in occupancy (+1.8% to 41.8%) and ADR (+6.4% to US$86.62).

Anaheim/Santa Ana, California saw the third-largest rise in RevPAR (+5.8% to US$133.92)

Houston, Texas, registered the only double-digit declines in each of the three key performance metrics: occupancy (-14.5% to 42.1%), ADR (-10.1% to US$78.09) and RevPAR (-23.1% to US$32.87).

Phoenix, Arizona, reported second-largest decline in RevPAR (-9.0% to US$61.85), due primarily to the second-steepest decrease in occupancy (-7.7% to 55.8%).

Overall, 19 of the Top 25 Markets reported a decline in RevPAR for the week.

View weekly U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit