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U.S. hotel results for week ending 8 October

U.S. hotel performance increased from the previous week but produced mixed comparisons with 2019, according to STR‘s latest dataUS hotel demand recovery through 8 October. 2-8 October 2022 (percentage change from the comparable week in 2019*):

  • Occupancy: 68.2% (-3.5%)
  • Average daily rate (ADR): US$153.79 (+16.9%)
  • Revenue per available room (RevPAR): US$104.83 (+12.8%)

While weekday performance showed an expected decline due to Yom Kippur, school breaks and the extended holiday weekend helped lift levels on Friday and Saturday. Performance levels in Florida were also lifted by post-Hurricane Ian demand. Further analysis will be available in STR’s Market Recovery Monitor.

Among the Top 25 Markets, Orlando reported the highest occupancy increase in 2019 (+1.9% to 73.6%). San Diego reported the largest ADR gain over 2019 (+39.3% to US$216.93).San Francisco was the only market to post an ADR drop (-17.7% to US$227.56). The steepest RevPAR declines were in San Francisco (-32.5% to US$162.40) and Minneapolis (-14.5% to US$84.46). *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.

Tags: str report, US Hotel, week ending

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