U.S. hotel occupancy, average daily rate and revenue per available room all increased year over year in February, according to STR. Occupancy grew 0.7 percent to 62.2 percent and ADR 1.9 percent to $128.94. RevPAR rose 2.6 percent to $80.15. The 2.8 percent growth in demand outpaced the 2.1 percent supply growth.
Group ADR grew 4.5 percent, the highest year-over-year increase since April 2018.
Among the 25 markets with the most supply, Atlanta saw a huge lift from hosting the Super Bowl: ADR increased 28.6 percent to $139.86 and RevPAR grew 33.1 percent to $98.04. San Francisco/San Mateo had the largest percentage rise in occupancy, 4.1 percent, to 79.9 percent, while ADR increased 23.4 percent to $258.01 and RevPAR rose 28.4 percent to $206.24. Denver had the third-largest rate of increase in RevPAR, 7.6 percent, to reach $79.79.
Minneapolis and St. Paul suffered a year-over-year comparison from hosting the 2018 Super Bowl, as occupancy fell 8.5 percent to 59.2 percent, ADR dropped 30.9 percent to $109.33 and RevPAR sank 36.8 percent to $64.71. Houston's occupancy dropped 6.5 percent to 65.8 percent, and its RevPAR decreased 8.8 percent to $72.25. New Orleans' ADR decreased 4.7 percent to $163.77.
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