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U.S. hotel results for week ending 9 July

U.S. hotel resultsAs expected on the negative side of a holiday calendar shift, U.S. hotel performance came in lower than the previous week, according to STR‘s latest data through 9 July.

3-9 July 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 63.3% (-14.5%)
  • Average daily rate (ADR): US$153.71 (+15.7%)
  • Revenue per available room (RevPAR): US$97.37 (-1.1%)

Whereas the previous week’s percentage changes were elevated on the favorable side of the calendar shift, the most recent week was skewed downward due to a comparison with a non-holiday week in 2019. After two consecutive weeks of lower demand around the Fourth of July holiday, the metrics are expected to strengthen for the remaining weeks of July.

Among the Top 25 Markets, Oahu Island reported the highest levels in each of the three key performance metrics: occupancy (86.2%), ADR (US$315.57) and RevPAR (US$271.92).

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Tags: ADR, Hawaii, hotel occupancy, hotel performance, hotel results, Oahu Island, United States

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