The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 March 2012, according to data from STR. In year-over-year comparisons for the week, occupancy was up 1.8 percent to 63.6 percent, average daily rate increased 3.8 percent to US$106.51 and revenue per available room was up 5.7 percent to US$67.77.Among the Top 25 Markets, Nashville, Tennessee, reported the largest occupancy increase, up 18.2 percent to 73.7 percent, followed by Houston, Texas, with an 18.0-percent increase to 74.0 percent. Philadelphia, Pennsylvania-New Jersey, fell 9.0 percent in occupancy to 65.4 percent, posting the largest decrease in that metric, followed by Minneapolis-St. Paul, Minnesota-Wisconsin, with a 7.1-percent decrease to 60.4 percent.
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