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Thursday, June 11, 2009

Hotel RevPAR off 22.9 Percent

by Calculated Risk on 6/11/2009 03:40:00 PM

From STR reports US performance for week ending 6 June 2009

In year-over-year measurements, the industry’s occupancy fell 13.9 percent to end the week at 56.6 percent. Average daily rate dropped 10.5 percent to finish the week at US$95.90. Revenue per available room [RevPAR] for the week decreased 22.9 percent to finish at US$54.24.
Hotel Occupancy Rate Click on graph for larger image in new window.

This graph shows the YoY change in the occupancy rate (3 week trailing average).

The three week average is off 11.8% from the same period in 2008.

The average daily rate is down 10.5%, so RevPAR is off 22.9% from the same week last year.

Data Source: Smith Travel Research, Courtesy of