U.S. hotel results for week ending 2 April - Insights
Global News

U.S. hotel results for week ending 2 April

U.S. hotel resultsReflecting continued seasonal slowing in spring break travel, U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 2 April. 

27 March through 2 April 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 64.1% (-6.4%)
  • Average daily rate (ADR): US$145.74 (+11.7%)
  • Revenue per available room (RevPAR): US$93.48 (+4.5%)

Among the Top 25 Markets, Phoenix saw the only occupancy increase over 2019 (+0.2% to 79.9%).

Minneapolis experienced the largest occupancy decrease from 2019 (-23.9% to 51.3%).

Lifted by the NCAA Men’s Final Four, New Orleans posted the largest ADR increase over 2019 (+43.1% to US$237.69).

The steepest RevPAR deficits were in Minneapolis (-40.6% to US$63.07) and San Francisco/San Mateo (-37.1% to US$106.88).

*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.

Tags: , , ,

Related Courses

Related Articles

Short term rentals appeal to UK holidaymakers wanting to reduce their carbon footprint
Jobs Report: Leisure & Hospitality left behind as other sectors recover

You might also like:

 
Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Most popular:

Popular this week:

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]