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News & Press: News & Updates

June 2015 STR Destination Report

Monday, July 20, 2015  
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June’s STR destination report for Virginia shows at least a third consecutive month of positive gains for the state. For the third month in a row, Virginia beat the national growth percentages in RevPAR (VA 10.0% to U.S. 7.2%), Occupancy (4.3% to 2.1%), and ADR (5.5% to 5.0%).

Year-to-date, Virginia’s percentage growth is exceeding the national figures in RevPAR (8.9% to 7.2%) and Occupancy (4.1% to 2.3%); however, ADR (4.6% to 4.8%) still falls behind.

June 2015 STR Destination Report Infographic

Note: Percent change is calculated based on same-time-last year—June 2014 to June 2015.

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