U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR‘s latest
data through 22 October. 16-22 October 2022 (percentage change from the comparable week in 2019*):
- Occupancy: 69.9% (-0.5%)
- Average daily rate (ADR): US$157.43 (+16.7%)
- Revenue per available room (RevPAR): US$110.11 (+16.1%)
Among the Top 25 Markets, Tampa reported the largest increases over 2019 in occupancy (+7.4% to 75.9%) and RevPAR (+39.2% to US$117.28). Tampa has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand. Miami posted the highest ADR increase over 2019 (+32.8% to US$221.59). San Francisco was the only market to post an ADR decline (-8.5% to US$234.06). The steepest RevPAR declines were in San Francisco (-22.0% to US$175.30) and Minneapolis (-13.7% to US$79.33). *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
