STR: Sept. Lodge Charges Rise, Occupancy Slips YOY

Common income per obtainable
room and every day charges amongst U.S. inns in September elevated yr over yr,
whereas occupancy slipped, in keeping with lodge analytics agency STR. RevPAR, ADR and
occupancy, nonetheless, all elevated month over month.

September U.S. lodge ADR was
$160.18, up 3.5 % yr over yr and above August’s ADR of $153.60.
RevPAR was $106.07, up 2.9 % yr over yr and above August’s $101.35.

Common U.S. lodge occupancy in
September was 66.2 %, down 0.5 % yr over yr, however a slight
improve from 66 % the month prior. This bump from August mirrored the
first month-over-month improve in U.S. lodge occupancy since Could.

Amongst STR’s prime
25 markets, New York Metropolis reported the best occupancy in September at 87.6
%, up 1.6 % yr over yr. Markets with the bottom lodge occupancy
once more included New Orleans and Houston, at 53 % and 59.5 %,
respectively. 

Associated: STR August
U.S. lodge knowledge