Finance & DevelopmentFinanceSTR: U.S. Hotel Performance Increases Weekly, Shows Mixed 2019 Comparisons

STR: U.S. Hotel Performance Increases Weekly, Shows Mixed 2019 Comparisons

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and produced mixed comparisons with 2019, according to STR’s latest data through October 15, 2022.

October 9-15, 2022

Percentage change from comparable week in 2019:
Occupancy: 70.3 percent (down 2.7 percent)
ADR: $157.52 (up 15.8 percent)
RevPAR: $110.78 (up 12.8 percent)

Among the Top 25 Markets, Tampa reported the largest increases over 2019 in each of the key performance metrics: occupancy (up 17.1 percent to 80.6 percent), ADR (up 34.6 percent to $159.80), and RevPAR (up 57.7 percent to $128.85). Tampa has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand.

San Francisco was the only market to post an ADR decline (down 11.9 percent to $237.17).

The steepest RevPAR declines were in San Francisco (down 28.3 percent to $170.49) and Minneapolis (down 7.9 percent to $80.19).

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