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U.S. hotel results for week ending 27 August

U.S. hotel performance came in lower than the previous week and showed mixed comparisons with 2019, according to STR‘s latest dataFusion Hotels through 27 August.

21-27 August 2022 (percentage change from the comparable week in 2019*):

  • Occupancy: 65.0% (-2.5%)
  • Average daily rate (ADR): US$147.16 (+15.0%)
  • Revenue per available room (RevPAR): US$95.62 (+12.1%)

Among the Top 25 Markets, Orlando reported the largest occupancy increase over 2019 (+21.1% to 63.8%).

Miami posted the largest ADR gain over 2019 (+32.2% to US$180.17).

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The steepest RevPAR deficits were in San Francisco (-39.2% to US$143.37) and New Orleans (23.1% to US$54.57).

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

Additional Performance Data

STR’s world-leading hotel performance sample comprises 75,000 properties and 10 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

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 international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics, and online marketplaces. For more information, please visit str.com and costargroup.com.

Tags: hotel results, US Hotel, US hotels results

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