LOADING

TDM NEWS EVENTS IWTA SERIES TDM

Travel Daily Media

Today Free Charge

Sign up today free of charge.

Join our global community of over 5 million travel and hospitality executives.

US hotel occupancy rose 70.1% in August

Megha Paul

- September 3, 2019

The US hotel industry reported positive year-over-year results in the three key performance metrics during the week of 18-24 August 2019, according to data from STR.

According to the data, the country’s hotel occupancy rose 0.8%, when compared to the same time last year, to 70.1% . Among the top 25 markets, Orlando, Florida posted the largest jump in Revenue per available room (RevPAR) with a rise of 18% to USD 72.85, due largely to the only double-digit lift in Average Daily Rate (ADR) to 10.3%. The market saw the second-largest increase in occupancy (+7.0% to 67.8%).

Houston, Texas, experienced the only double-digit rise in occupancy (+14.8% to 64.2%) and the second-largest increase in RevPAR (+17.2% to USD 62.47). Overall, 15 of the top 25 markets reported a RevPAR increase.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

US hotel occupancy rose 70.1% in August

Megha Paul

- September 3, 2019

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats