U.S. hotel results for week ending 25 June - Insights
Global News

U.S. hotel results for week ending 25 June

U.S. hotel performanceU.S. hotel performance continued to climb with another weekly record established for revenue per available room (RevPAR) on a nominal basis, according to STR‘s latest data through 25 June. 

19-25 June 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 72.3% (-4.1%)
  • Average daily rate (ADR): US$157.05 (+17.1%)
  • Revenue per available room (RevPAR): US$113.55 (+12.3%)

The country’s occupancy level was the highest since August 2019, while ADR (nominal) was the highest since the week ending 1 January 2022.

Among the Top 25 Markets, Dallas saw the largest occupancy increase over 2019 (+5.8% to 74.1%).

New York City (87.0%), Seattle (85.9%) and San Diego (85.6%) led the major markets in absolute occupancy for the week.

Philadelphia reported the largest occupancy decrease from 2019 (-20.1% to 67.3%).

Miami posted the largest ADR gain over 2019 (+37.9% to US$207.00).

The steepest RevPAR deficits were in San Francisco (-21.4% to US$162.70) and Philadelphia (-21.0% to US$102.51).

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

Tags: , , , , , ,
Media

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an inte…

Related Courses

Related Articles

Introducing the $10,000,000 OMG! Fund for the world’s craziest listing idea
AHLA Foundation expands recruitment campaigns to ease national staff shortage

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-"]