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Luxury Hotels Lead RevPAR Increases

The luxury segment jumped 26.6% in RevPAR during the week ending 10 September 2011.
By Rachael Spann Urie
September 15, 2011 | 6:01 P.M.

HENDERSONVILLE, Tennessee—The luxury segment reported the largest revenue per available room increase among the chain scale segments during the week of 4-10 September 2011, according to data from STR.

The segment’s RevPAR jumped 26.6% to US$155.29, occupancy was up 16.4% to 64.0%, and average daily rate rose 8.8% to US$242.63.
Overall, the U.S. hotel industry’s occupancy rose 6.4% to 57.7%, ADR increased 6.0% to US$98.46, and RevPAR finished the week up 12.8% to US$56.78.

Among the chain scale segments, the midscale segment ended the week virtually flat in ADR, with a 0.1-percent decrease to US$74.89.

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Four other segments achieved double-digit RevPAR increases: the upper upscale segment (+15.5% to US$86.31); the upscale segment (+12.6% to US$66.66); the upper midscale segment (+12.2% to US$55.01); and the independent segment (+11.4% to US$55.17).

Among the Top 25 Markets, Orlando, Florida, reported the largest occupancy increase, rising 18.7% to 55.0%.

New Orleans, Louisiana, was the only top market to report decreases in occupancy (-25.1% to 43.8%) and ADR (-4.4% to US$92.55). The market also posted the largest RevPAR decrease, falling 28.5% to US$40.55.

San Francisco/San Mateo, California led the ADR (19.4% to US$153.00) and RevPAR (+32.5% to US$125.31) increases for the week.

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Source: STR

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Source: STR

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Source: STR