Of the top 25 markets, Tampa/St. Petersburg reported the largest year-over-year occupancy increase (5.6 percent to 78.7 percent), while Houston reported the largest decrease (5.3 percent to 70.9 percent). The U.S. average daily rate increased 4.5 percent to $119.37. Two of the top 25 markets posted double-digit ADR increases: In the San Francisco/San Mateo area, ADR increased 12.1 percent to $213.30, and Chicago ADR rose 11.7 percent to $138.76. New York experienced the most significant decrease (4.6 percent to $251.66) but the highest overall occupancy (86.9 percent). Supply growth within the top 25 markets continued to improve, up 1.3 percent year over year. Get the full story at Hotel News Now