HENDERSONVILLE, Tennessee– U.S. hotel efficiency increased from the previous week, according to STR’s most current information through February 11, 2023.
U.S. hotel Performance
February 5-11, 2023
Percentage modification from equivalent week in 2019:
Occupancy: 57.8 percent (down 8.7 percent)
ADR: $15097(up 13.4 percent)
RevPAR: $8721(up 3.6 percent)
While none of the Top 25 Markets saw a tenancy boost over 2019, Dallas came closest to its 2019 equivalent (down 0.7 percent to 66.1 percent).
Helped by Super Bowl LVII, Phoenix reported the greatest ADR (up 129.5 percent to $38706) and RevPAR (up 114.3 percent to$30009) increases over 2019.
The steepest RevPAR decreases from 2019 were seen in San Francisco (down 55.9 percent to $11600) and Seattle (down 24.1 percent to $7884).
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