Hospitality Design
This Site Web | Advanced Search
Hospitality Design Home Hotel Industry News Green Hotel Design Hotel Furniture and Products buyers' guide Hotel Design Projects Hotel Interior Design Events Photo Gallery buyers' guide
Industry News

Industry Rise Expected for Summer 2013

May 13, 2013

The U.S. hotel industry is expected to report increases in performance results in summer 2013, according to STR’s summer forecast.

Comprising of June, July, and August, STR predicts occupancy increases from 1 percent to 70 percent, while ADR will increase 4.4 percent to $112.21. Revenue per available room (RevPAR) will grow 5.4 percent to $78.50.

“Despite tougher comps over the last two summers, demand for hotels rooms will increase by 2 percent this season,” says Brad Garner, COO of STR. “We expect concerns and perceptions of the on-going government sequestration to directly replace concerns normally associated with increases in fuel prices during the summer. We further expect the sequester concerns to have very little measurable impact on summer performance.”

Overall in 2013, STR expects the hotel industry’s occupancy to rise 0.8 percent to 61.9 percent, its ADR to increase 4.9 percent to $111.27, and its RevPAR to be up 5.7 percent to $68.86. Supply this summer is expected to increase 1 percent and demand is projected to rise 2 percent. Total room revenue is forecasted to grow by 6.4 percent.

hdtalks: the interviews

During HD Expo 2014, Hospitality Design’s Michael Adams sat down with HBA’s Michael Bedner to talk about his half-century in the hospitality design industry. View the video.



Produced by: Emerald Expositions
Nielsen      Contract Design | Hospitality Design | K+BB | DDI

Hospitality Design is the leading interior design industry publication and established web resource in the business. Providing comprehensive reporting on hotel industry
news and exclusive coverage of the latest ecological-friendly green hotels and bar designs, HD Magazine keeps you updated on the latest hotel trends in technology
and innovative interior design ideas. From recent hotel renovations and openings to award-winning luxury hotels and hotel construction projects, HD Magazine
keeps you informed on news that matters most to your hospitality business.

Hospitality Design Magazine | Hotel Industry News | Green Hotel Design  | Hotel Furniture and Products | Hotel and Bar Design Projects | Hospitality Design Events 
 | Hospitality Design Newsletter | About Hospitality Design | Hospitality Design Magazine Advertising | Hotel Design Opportunities 
| Contact Us | Site Map | RSS 
hdexpo2 hdboutique2 summit