Hotels in Oahu and Miami lead the way in Q1 revenue growth

|

First-quarter revenue per available room (RevPAR) at U.S. hotels advanced 6.4% from a year earlier primarily on increased room rates, according to Smith Travel Research (STR).

Oahu, Miami and New York showed especially strong demand growth.

Room rates increased 4.5% to $103.64, while occupancy increased one percentage point to 57.7%, STR said. RevPAR was up 8.2% in the largest 25 U.S. metropolitan markets.

Oahu’s RevPAR jumped 18% from a year earlier, while RevPAR for Miami and New York rose 17% and 13%, respectively.

Houston, New Orleans, Dallas, Anaheim and Nashville all also had RevPAR gains of at least 10%.

Philadelphia was the only major U.S. market with a RevPAR decline, falling 0.5%.

Follow Danny King on Twitter @dktravelweekly.

From Our Partners


From Our Partners

Unveiling Oceania Cruises’ New Voyages, Plus Caribbean Getaways
Unveiling Oceania Cruises’ New Voyages, Plus Caribbean Getaways
Register Now
TTC Tour Brands — How We Lead: What Tour Directors Know About Leadership
TTC Tour Brands — How We Lead: What Tour Directors Know About Leadership
Read More
Destinations on a Plate: Culinary Tourism
Destinations on a Plate: Culinary Tourism
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI