STR: U.S. Hotel Performance Reflects Positive Comparisons

HENDERSONVILLE, Tennessee– U.S. hotel efficiency increased from the previous week, and year-over-year contrasts showed the favorable side of the Easter calendar shift, according to STR’s most current information through April 15, 2023.

U.S. hotel Performance

April 9-15, 2023

Percentage modification from similar week in 2022:
Occupancy: 64.2 percent (up 3.7 percent)
ADR: $15533(up 4.7 percent)
RevPAR: $9967(up 8.6 percent)

Among the Top 25 Markets, Minneapolis saw the greatest year-over-year boost in tenancy (up 17.4 percent to 54.5 percent).

Washington, D.C., revealed the most significant ADR (up 22.5 percent to $20099) and RevPAR (up 38.1 percent to $14673) development year over year.

The steepest RevPAR decreases were seen in San Francisco (down 22.3 percent to $11441) and Miami (down 14.2 percent to $18990).


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