HENDERSONVILLE, Tennessee—Nashville, Tennessee, hotels achieved the largest occupancy and revenue-per-available-room increases during the week of 3-9 November, according to data from STR, parent company of Hotel News Now.
The market’s occupancy rose 12.3% to 71.2%; its average daily rate was up 14.5% to $115.30; and its RevPAR increased 28.6% to $82.08.
Overall, the U.S. hotel industry’s occupancy was up 2.5% to 64.1%; ADR rose 3.1 % to $111.35; and RevPAR increased 5.7% to $71.34.
Among the top 25 markets, Philadelphia fell 19.1% to 69.4% in occupancy, reporting the largest decrease in that metric.
San Francisco achieved the largest ADR increase, rising 17.5% to $203.59. Chicago (-6.5% to $134.73) reported the largest ADR decrease.
Two markets other than Nashville reported RevPAR increases greater than 20%: San Francisco (+25.3% to $186.19) and Atlanta (+23.8% to $69.73).
Philadelphia fell 19.7% to $86.39 in RevPAR, posting the largest decrease in that metric.
Among the chain-scale segments, the luxury segment reported the largest occupancy increase, rising 4.9% to 82%. The independent segment followed with a 4% increase in occupancy to 60.4%.
The luxury segment (+4.4% to $292.14) posted the highest ADR growth for the week, followed by the upper-upscale (+3.5% to $167.47) and independent (+3.3% to $105.30) segments.
The luxury segment rose 9.5% to $239.49 in RevPAR, achieving the largest increase in that metric. The independent segment followed with a 7.5% increase to $63.55 in RevPAR.
No segments during the week reported decreases in any of the three key performance metrics.