U.S. hotel results for week ending 16 July - Insights
Global News

U.S. hotel results for week ending 16 July

After two consecutive weeks of lower demand around the Fourth of July holiday, U.S. hotel performance bounced back from the previous week, according to STR‘s latest data through 16 July.

10-16 July 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 72.0% (-7.4%)
  • Average daily rate (ADR): US$157.23 (+14.9%)
  • Revenue per available room (RevPAR): US$113.28 (+6.4%)

Among the Top 25 Markets, San Diego reported the only occupancy increase over 2019 (+1.0% to 89.9%).

San Diego (89.9%), Oahu Island (87.2%) and Seattle (85.8%) led the major markets in absolute occupancy for the week.

Miami posted the largest ADR gain over 2019 (+29.9% to US$204.15).

San Francisco was the only market to report an ADR decrease compared to 2019 (-4.1% to US$229.24).

The steepest RevPAR deficits were in San Francisco (-20.7% to US$168.69) and Minneapolis (-15.5% to US$100.84).

*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

How are circular economy principles taking hold in real estate?
U.S. hotel construction continued on a downward trajectory in June

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-"]