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New Orleans New Orleans

Mixed Results for Hotels Across the US

According to STR, the US hotel industry reported a one percent year-on-year decrease in occupancy to 63.9 percent during the week May 28 – June 03.

However, average daily rate (ADR) across the country rose 1.4 percent to USD120.34, and RevPAR increased 0.4 percent to USD76.89.

New Orleans achieved the largest surge in RevPAR compared to the same period in 2016, up 16.2 percent to USD96.02, driven by a 10.1 percent climb in ADR to USD142.57 and a 5.5 percent boost in occupancy to 67.4 percent.

Meanwhile, Dallas saw the largest dip in occupancy, down 8.6 percent to 61.6 percent, while Houston recorded the steepest decline in ADR, down 8.5 percent to USD90.37, and RevPAR, which plummeted 16.3 percent to USD48.98.