Lodging
The average daily rate at U.S. hotels in 2013 reached a record $110.35, up 3.9 percent from 2012,
according to STR. U.S. hotels also sold a record 1.1 billion rooms during the year on record supply of 1.7 billion available rooms, resulting in overall occupancy of 62.3 percent, up 1.5 percent from the year prior. Full-year ADR increased in all major U.S. markets covered by STR's report, with the largest gains in Oahu (up 13.9 percent to $209.01) and San Francisco (up 9.3 percent to $187.79).