Saturday, July 25, 2009

STR reports US performance for June 2009

HENDERSONVILLE, Tennessee—The U.S. hotel industry posted declines in all three key performance measurements during June, according to data from STR.
In year-over-year measurements, the industry’s occupancy fell 9.7 percent to end the month at 61.3 percent. Average daily rate dropped 9.9 percent to finish the month at US$96.77. Revenue per available room for the month decreased 18.6 percent to finish at US$59.34.
Through the first six months of 2009, the industry experienced decreases in all three key metrics in year-over-year comparisons. Occupancy fell 10.9 percent to 54.6 percent, ADR decreased 8.7 percent to US$98.66, and RevPAR fell 18.7 percent to US$53.87.

Read more:
http://www.hotelnewsnow.com/Articles.aspx?ArticleId=1577&ArticleType=38&PageType=STRPressRelease

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