U.S. Lodging Industry Overview

Top 25 Markets Occupancy Percent Change – Mid-Year 2016

Top 25 Markets Occupancy YTD Jun. 15 vs. Jun. 16, Percent Change

90.00

85.00

0.2%

0.8%

0.0%

3.0%

80.00

-1.3%

-1.9%

0.2%

0.1%

-0.7%

2.8%

75.00

2.9%

-0.8%

2.5%

1.4%

-3.8%

-2.2%

-3.0%

-1.0%

70.00

-7.6%

-0.1%

-0.4%

2.6%

-2.1%

-0.2%

65.00

-0.2%

-0.2%

percent

60.00

4.5%

55.00

50.00

45.00

40.00

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

National average rate growth was still above inflation but with a wide range of gainers and losers among the 25 markets.

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