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U.S. hotel results for week ending 15 January

U.S. hotel occupancyU.S. weekly hotel occupancy worsened in comparison with pre-pandemic levels, according to STR‘s latest data through 15 January. 

9-15 January 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 48.8% (-16.3%)
  • Average daily rate (ADR): US$122.12 (-1.6%)
  • Revenue per available room (RevPAR): US$59.57 (-17.6%)

On an absolute basis, occupancy was higher than the previous week, but the gap to 2019 levels widened, pointing to a larger impact from the Omicron variant. ADR and RevPAR were up week over week and when indexed to 2019.

While none of the Top 25 Markets recorded an occupancy increase over 2019, Norfolk/Virginia Beach came closest to its pre-pandemic comparable (-8.4% to 44.1%).

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San Francisco/San Mateo experienced the largest occupancy decrease from 2019 (-53.9% to 37.3%).

Miami registered the largest ADR increase (+16.6% to US$271.21).

The steepest RevPAR deficits were in San Francisco/San Mateo (-69.6% to US$58.84) and New York City (-53.9% to US$68.93).

*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.

Tags: hotel occupancy, hotel performance, hotel results, United States, US

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