The U.S. hotel industry posted increases in all three key performance measurements during February, according to STR.
In year-over-year measurements, U.S. occupancy was up 5.2 percent to 55.7 percent, while ADR grew 2.5 percent to US$98.95 and RevPAR rose 7.9 percent to finish at US$55.15.
Norfolk-Virginia Beach, Virginia, achieved the largest occupancy increase in February, rising 13.8% to 45.6%, followed by Detroit (up 13.6 percent to 54.8 percent) and Orlando (up 12.3 percent to 73.2 percent). Two markets posted occupancy decreases: New Orleans (down 5.6 percent to 67.2 percent) and New York City (down 3.6 percent to 67.9 percent).).
