The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 11-17 March 2018, according to data from STR.
In comparison with the week of 12-18 March 2017, the industry recorded the following:
- Occupancy: +1.0 at 70.7%
- Average daily rate (ADR): +2.8% to US$133.76
- Revenue per available room (RevPAR): +3.9% to US$94.55
Unfortunately, St. Louis, Missouri-Illinois, saw the second-largest decrease in ADR (-8.5% to US$99.97) and the only other double-digit decline in RevPAR (-12.0% to US$70.38).
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