HENDERSONVILLE, Tennessee– U.S. hotel efficiency increased from the previous week, according to STR’s most current information through February 18, 2022.
U.S. hotel Performance
February 12-18, 2023
Percentage modification from equivalent week in 2019
Occupancy: 60.8 percent (down 5.5 percent)
ADR: $15610(up 19.5 percent)
RevPAR: $9494(up 12.9 percent)
U.S. weekly hotel tenancy reached the 60 percent mark for the very first time because the week ending November 19, 2022.
Among the Top 25 Markets, Washington, D.C., saw the only tenancy boost over 2019 (up 2.2 percent to 59.1 percent).
Helped by Super Bowl LVII, Phoenix reported the greatest ADR (up 58.4 percent to $27820) and RevPAR (up 44.6 percent to $22102) increases over 2019.
The steepest RevPAR decreases from 2019 were seen in San Francisco (down 25.9 percent to $12424) and Chicago (down 11.7 percent to $6024).
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