STR Reports US Hotel Performance for May 2012

According to data from STR, the U.S. hotel industry in May 2012 reported increases in all three key performance metrics.

Overall, the U.S. hotel industry's occupancy rose 3.6% to 63.5%, ADR was up 3.9% to US$105.81 and RevPAR increased 7.7% to US$67.17.

Among the Top 25 Markets, St. Louis, Missouri-Illinois, experienced the largest occupancy increase with a 16.5% gain to 70.6%, followed by Nashville, Tennessee, with a 10.6% increase to 70.3%. San Francisco/San Mateo, California, was the only market to report a slight decrease in occupancy, down 0.4% to 82.3%.

Oahu Island, Hawaii, achieved the only double-digit ADR increase for the month, rising 10.3% to US$175.02. Washington, D.C., fell 1.2% in ADR to US$156.62, reporting the largest decrease in that metric.

Three markets ended the month with RevPAR increases of more than 15%: Oahu Island (+20.3% to US$144.52), St. Louis (+19.9% to US$60.68), and Nashville (+15.7% to US$68.42).

Washington, D.C. (-0.2% to US$121.37) and Denver (-0.1% to US$70.88) ended the month virtually flat in RevPAR, reporting the only decreases in that metric.

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