August U.S. Hotel Performance Strong

 The U.S. hotel industry continued its steady recovery in August, according to data released last week by Smith Travel Research. Year-over-year improvements of 3.7 percent in occupancy, 3.4 percent to the average daily rate and 7.2 percent in revenue per available room marked the monthly performance. Four markets enjoyed double-digit rate growth: San Francisco/San Mateo, Calif., which led the way with a 15.3 percent hike, to $159.76; Nashville, with a 12.8 percent jump, to $91.31; Miami-Hialeah, Fla., which climbed 10.8 percent, to $122.14; and Oahu Island, Hawaii, which was up by 10.3 percent, to $170.31. Nashville also enjoyed the largest RevPAR growth, up by 24.9 percent over last August's revenue.