8 / 16
8
A Cushman & Wakefield Valuation & Advisory Publication
Top 25 Markets Average Rate Percent Change – Mid-Year 2016
-3.9%
9.1%
2.1%
-2.4%
2.9%
10.5%
1.2%
1.7%
2.2%
5.0%
2.9%
-0.1%
-0.4%
6.6%
6.4%
0.1%
5.5%
3.2%
4.3%
4.1%
-1.3%
1.7%
5.4%
7.2%
1.0%
4.4%
7.1%
0.00
50.00
100.00
150.00
200.00
250.00
300.00
Top 25 Markets ADR YTD Jun. 15 vs. Jun. 16, Percent Change
YTD Jun 15 YTD Jun 16
Source: STR
Republication or Other Re-Use of this Data Without the Express Written Permission of STR is Strictly Prohibited
Many of the top occupancy markets are
also average rate leaders. Nevertheless,
20 percent of the top 25 markets had
declining average rates. It is interesting
to note that approximately half of the
markets exceeded the national average,
and those markets had rate growth of
over 100 basis points.
dollars