December saw no calendar shifts, and the amount of weekdays and weekends remained the same. The argument could be made that because the 31st fell on a Thursday (making the following Friday a holiday and hence producing a very long weekend) it could have enticed longer trips, but we did not see any of that, said Jan Freitag, SVP of lodging insights at HNN’s parent company STR. Here are five things you need to know about December’s hotel performance.

1. December saw no calendar shifts, and the amount of weekdays and weekends remained the same. The
argument could be made that because the 31st fell on a Thursday (making the following Friday a holiday and
hence producing a very long weekend) it could have enticed longer trips, but we did not see any of that, said Jan
Freitag, SVP of lodging insights at HNN’s parent company STR. Here are five things you need to know about
December’s hotel performance.
This increase was the SECOND
LOWEST growth of 2015.
Dec. RevPAR
UP 3.2%
ONE
TWO
THREE
FOUR
FIVE
© 2016 STR, Inc. All Rights Reserved. illustrations: jon edwards
Source: STR, Inc.
That’s the HIGHEST
December occupancy STR
has ever recorded.
53%Occupancy
was at
1.5%Supply
increased
This growth was UP ONE-TENTH of
a percent from November. The last
time supply increased 1.5% with an
upward trajectory was in late 2007.
to 141,000
Rooms under
construction
INCREASED
18% Rooms under contract,
meanwhile, were
UP 11% TO 469,000.
Occupancy for luxury (-0.7%) and upper
upscale (-0.3%) was decreased. RevPAR
in upscale hotels rose 2.6%.