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St. Louis
Chart of the week: June 22, 2015
Source: JLL Research, BLS, Smith Travel Research
St. Louis hotel revival
• Most recent market data ranks St. Louis in the top 10 U.S. metro areas for growth in revenue per
available hotel room. Along with profitability comes new construction and employment. Last year in
August, the 182-room Mayfair Hotel completed renovations and reopened under the boutique brand
Magnolia. Nearby at 827 Washington Ave, Renaissance Suites is undergoing a $15 million renovation by
Martiz, Wolff & Co., and it will reopen as Courtyard by Marriott this summer.
• Leisure and hospitality employment has increased steadily since 2011, experiencing year-over-year
gains every month except one since February 2012.
40%
45%
50%
55%
60%
65%
70%
75%
80%
$40
$45
$50
$55
$60
$65
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Revenue per Available Room Occupancy Rate

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St. Louis Chart of the Week

  • 1. St. Louis Chart of the week: June 22, 2015 Source: JLL Research, BLS, Smith Travel Research St. Louis hotel revival • Most recent market data ranks St. Louis in the top 10 U.S. metro areas for growth in revenue per available hotel room. Along with profitability comes new construction and employment. Last year in August, the 182-room Mayfair Hotel completed renovations and reopened under the boutique brand Magnolia. Nearby at 827 Washington Ave, Renaissance Suites is undergoing a $15 million renovation by Martiz, Wolff & Co., and it will reopen as Courtyard by Marriott this summer. • Leisure and hospitality employment has increased steadily since 2011, experiencing year-over-year gains every month except one since February 2012. 40% 45% 50% 55% 60% 65% 70% 75% 80% $40 $45 $50 $55 $60 $65 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Revenue per Available Room Occupancy Rate