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STR released U.S., Canada weekly numbers

2018-05-14 Tag: STR

According to data from STR, parent company of HNN, the U.S. hotel industry reported mixed year-over-year results during the week of 22-28 April. Occupancy declined 0.6% to 69.8%, but average daily rate rose 2.3% to $130.40, which pushed revenue per available room up 1.7% to $91.05.

Among the top 25 markets, Detroit reported the only double-digit increase in RevPAR (+17.8% to $89.18).

During the same week, the Canadian hotel industry reported positive year-over-year results across all three key performance indicators. Occupancy grew 0.8% to 69.5%, ADR rose 3.7% to 150.12 Canadian dollars ($117.41) and RevPAR increased 4.5% to CA$104.37 ($81.63).