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U.S. hotel results for week ending 24 September

U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest dataUS hotels profit through 24 September.18-24 September 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 70.0% (-1.5%)
  • Average daily rate (ADR): US$157.99 (+15.7%)
  • Revenue per available room (RevPAR): US$110.60 (+13.9%)

Among the Top 25 Markets, Orlando reported the highest occupancy increase over 2019 (+7.9% to 72.2%). Of note, New York City saw the highest absolute occupancy level (89.9%), which was helped by the High-Level Week of the United Nations General Assembly. Anaheim reported the largest ADR gain over 2019 (+31.7% to US$214.61).The steepest RevPAR declines were in New Orleans (-16.7% to US$86.68) and Minneapolis (-16.1% to US$90.11). *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.

Tags: hotel results, September, STR, US Hotel


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