STR: U.S. Hotel Performance Shows Mixed Results From Previous Week

HENDERSONVILLE, Tennessee– U.S. hotel efficiency revealed combined arise from the previous week however stayed up year over year, according to STR’s newest information through April 29, 2023.

U.S. hotel Performance

April 23-29, 2023

Percentage modification from similar week in 2022:

Occupancy: 66.6 percent (up 0.1 percent)

ADR: $15614(up 5.5 percent)

RevPAR $10401(up 5.6 percent)

Among the Top 25 Markets, Boston saw the greatest year-over-year tenancy boost (up 15.3 percent to 75.6 percent).

Of note, New York City (878 percent), Las Vegas (815 percent), and San Francisco (811 percent) were the only 3 markets to report tenancy above 80 percent.

Helped by the RSA Conference, San Francisco likewise reported the biggest boosts in ADR (up 38.9 percent to $30325) and RevPAR (up 47.0 percent to $24599).

The steepest RevPAR decreases were seen in Miami (down 16.3 percent to $16508) and Las Vegas (down 12.7 percent to $13028).


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