The average U.S. hotel rate increased year over year September as occupancy slipped, according to hotel analytics firm STR.
The average daily U.S. hotel rate in September increased 1.2 percent year over year to $162.63, according to STR, while occupancy decreased 2.5 percent to 64.6 percent. U.S. revenue per available room declined 1.3 percent year over year to $105.04.
STR again said its top 25 markets “showed higher occupancy and ADR than all other markets,” which it has noted for several months.
New York posted the highest September occupancy figure among STR’s top 25 markets at 87 percent, though it declined 0.7 percent year over year. New Orleans had the lowest occupancy at 53.6 percent, followed by Tampa at 61.4 percent.
