STR Monthly Topline August 2011 Kevin Hanstad September 27, 2011.

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Presentation transcript:

STR Monthly Topline August 2011 Kevin Hanstad September 27, 2011

August 2011 Summary  Minneapolis occupancy in August was 83% - equal to the all-time historic high for the month of August.  ADR at $140 exceeded the historic five-year average for the month of August and surpassed the year-ago rate by $  As a result, RevPAR reached an all-time historic high of $116 for the month of August. 2

Occupancy (%) 3 * Since 1999 August OccupancyChicago82% Dallas55% Denver81% Indianapolis74% Kansas City60% Milwaukee78% Minneapolis83% New Orleans57% St. Louis64%

ADR ($) 4 August ADR Chicago$166 Dallas$108 Denver$161 Indianapolis$129 Kansas City$101 Milwaukee$112 Minneapolis$140 New Orleans$102 St. Louis$117 * Since 1999

RevPAR ($) 5 * Since 1999 August RevPARChicago$136 Dallas$59 Denver$130 Indianapolis$95 Kansas City$61 Milwaukee$87 Minneapolis$116 New Orleans$58 St. Louis$74

August Year-To-Date Percent Change Versus Year Ago 6 Occupancy ADR RevPAR

Competitive Set August 2011 YTD Occupancy % Chg vs. Yago 7 St. Louis

Competitive Set August 2011 YTD ADR % Chg vs. Yago 8

Competitive Set August 2011 YTD RevPAR % Chg vs. Yago 9