by Michael J. Shapiro | September 26, 2012

 The U.S. hotel industry saw a 4.3 percent increase in average daily rate and a 2.8 percent jump in occupancy in August, vs. the same month in 2011, according to lodging data provider STR. Hotel revenue per available room grew by 7.2 percent for the month."The hotel industry snapped back in August after a tepid July," noted Bobby Bowers, STR's vice president of operations. "About eight of the top 25 markets ran occupancies of 80 percent or higher. We are now moving into the important fall meetings and conference season, and we're hoping to see some strength in group numbers down the stretch." Three markets posted RevPAR increases in excess of 15 percent for the month: Tampa-St. Petersburg, which grew 46.4 percent on the strength of the Republican National Convention; Oahu Island, which jumped by 20.9 percent; and Houston, which posted an 18.8 percent increase.