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U.S. Hotel Performance for June 2022

U.S. Hotel PerformanceThe U.S. hotel industry reported its highest monthly room rates on record, according to June 2022 data from STR.

June 2022 (percentage change from June 2019):

  • Occupancy: 70.1% (-4.3%)
  • Average daily rate (ADR): US$155.04 (+15.3%)
  • Revenue per available room (RevPAR): US$108.64 (+10.3%)

The country also reported an all-time high RevPAR level, while occupancy was the highest since August 2019.

Among the Top 25 Markets, New York City experienced the highest occupancy level (83.7%), which was down 7.4% from the market’s 2019 benchmark.

Markets with the lowest occupancy for the month included Houston (58.4%) and Phoenix (62.6%).

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Philadelphia reported the steepest decline in occupancy when compared with 2019 (-15.7%).

Reflecting continued improvement in business travel and groups, the Top 25 Markets showed higher occupancy and ADR than all other markets.

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

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