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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