Finance & DevelopmentWeekly U.S. Hotel Performance Shows Improvements Over 2019

Weekly U.S. Hotel Performance Shows Improvements Over 2019

HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR’s latest data for the week of December 4-10, 2022.

U.S. Hotel Performance

December 4-10, 2022

Percentage change from comparable week in 2019:
Occupancy: 59.6% (-1.2%)
ADR: $144.79 (+15.4%)
RevPAR: $86.29 (+14.0%)

Occupancy for the week of December 4-10, 2022, came in at 59.6 percent—down 1.2 percent from the comparable week in 2019, while average daily rate (ADR) was up 15.4 percent to $144.79 and revenue per available room (RevPAR) was up 14 percent to $86.29.

Among the Top 25 Markets, Tampa reported the highest occupancy increase over 2019 (up 10.2 percent to 80.1 percent) for the week of December 4-10, 2022.

Of note, New York City achieved the highest occupancy level (90.2 percent).

New Orleans posted the highest ADR (up 57.3 percent to $202.67) and RevPAR (up 63.8 percent to $136.92) increases over 2019.

San Francisco was the only market to report an ADR decrease over 2019 (down 16.3 percent to $215.44).

The largest RevPAR decreases were seen in San Francisco (down 35.3 percent to $147.60) and Minneapolis (down 8.7 percent to $57.45).

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