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u.s. hotel results

Home/Tag: u.s. hotel results

u.s. hotel results

u.s. hotel results

STR: U.S. Hotel Results for Week Ending 25 February

STR | March 2, 2023

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR‘s latest data through 25 February. 19-25 February 2023 (percentage change from comparable week in 2019*): Occupancy: 64.2% (-1.5%) Average daily rate (ADR): US$156.51 (+22.2%) Revenue per available room (RevPAR): US$100.43 (+20.3%) The U.S. weekly occupancy level was the highest since the week ending 12 November 2022. Among the Top 25 Markets, Orlando saw the highest occupancy increase over 2019 (+6.2% to 86.9%). Las Vegas reported the highest ADR (+49.5% to US$186.96) and RevPAR (+51.8% to US$148.61) increases ov...

STR: U.S. Hotel Results for Week Ending 28 January

STR | February 2, 2023

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR‘s latest data through 28 January. 22-28 January 2023 (percentage change from comparable week in 2019*): Occupancy: 56.3% (-0.3%) Average daily rate (ADR): US$142.66 (+13.4%) Revenue per available room (RevPAR): US$80.32 (+13.0%) Among the Top 25 Markets, Dallas reported the highest occupancy increase over 2019 (+10.3% to 69.8%). Tampa saw the largest increases in both ADR (+32.5% to US$179.72) and RevPAR (+37.0% to US$137.70). The steepest RevPAR declines from 2019 were seen in Atlanta (-34.5% to US$91.86) and ...

STR: U.S. Hotel Results for Week Ending 21 January

STR | January 26, 2023

HENDERSONVILLE, Tennessee—With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through 21 January. 15-21 January 2023 (percentage change from comparable week in 2019*): Occupancy: 54.2% (-6.2%) Average daily rate (ADR): US$140.16 (+11.3%) Revenue per available room (RevPAR): US$75.97 (+4.4%) Among the Top 25 Markets, Tampa reported the highest increase over 2019 in each of the three key performance metrics: occupancy (+6.8% to 78.8%), ADR (+31.9% to US$174.78) and RevPAR (+41.0% to US$137.76). None of the other Top 25 Markets sa...

STR: U.S. Hotel Results for Week Ending 7 January

STR | January 12, 2023

HENDERSONVILLE, Tennessee—Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR‘s latest data through 7 January. 1-7 January 2023 (percentage change from comparable week in 2019*): Occupancy: 47.2% (-11.5%) Average daily rate (ADR): US$142.82 (+11.2%) Revenue per available room (RevPAR): US$67.40 (-1.5%) The comparable week in 2019 (6-12 January) was a full business week. Orlando was the only Top 25 Market to report an occupancy increase over 2019 (+2.0% to 71.3%).    Of note, Las V...

STR: U.S. Hotel Results for Week Ending 31 December

STR | January 6, 2023

HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR‘s latest data through 31 December. 25-31 December 2022 (percentage change from comparable week in 2019*): Occupancy: 54.2% (+10.4%) Average daily rate (ADR): US$167.21 (+21.7%) Revenue per available room (RevPAR): US$90.63 (+34.3%) The comparable week three years ago covered 29 December-4 January. Among the Top 25 Markets, Norfolk/Virginia Beach reported the highest occupancy increase over 2019 (+22.9% to 48.5%). Phoe...

STR: U.S. Hotel Results for Week Ending 10 December

STR | December 15, 2022

HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 10 December. 4-10 December 2022 (percentage change from comparable week in 2019*): Occupancy: 59.6% (-1.2%) Average daily rate (ADR): US$144.79 (+15.4%) Revenue per available room (RevPAR): US$86.29 (+14.0%) Among the Top 25 Markets, Tampa reported the highest occupancy increase over 2019 (+10.2% to 80.1%).    Of note, New York City achieved the highest occupancy level (90.2%). New Orleans posted the highest ADR (+57.3% to US$202.67) and Re...

STR: U.S. Hotel Results for Week Ending 12 November

STR | November 17, 2022

HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 12 November. 6-12 November 2022 (percentage change from comparable week in 2019*): Occupancy: 64.6% (+0.9%) Average daily rate (ADR): US$148.43 (+17.1%) Revenue per available room (RevPAR): US$95.89 (+18.2%) Among the Top 25 Markets, Norfolk/Virginia Beach reported the largest occupancy increase over 2019 (+14.3% to 63.6%).   San Diego posted the largest ADR increase over 2019 (+35.2% to US$202.86). The steepest RevPAR declines were in San Fr...

STR: U.S. Hotel Results for Week Ending 1 October

STR | October 6, 2022

HENDERSONVILLE, Tennessee—As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October. 25 September through 1 October 2022 (percentage change from comparable week in 2019*): Occupancy: 66.4% (-2.4%) Average daily rate (ADR): US$149.71 (+15.7%) Revenue per available room (RevPAR): US$99.36 (+12.9%) In addition to the Rosh Hashanah impact on business travel and groups in the major markets, there were demand shifts in the southeast region due to Hurricane Ian. STR’s Market Recovery Monitor will ...

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