U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 12 November.
6-12 November 2022 (percentage change from comparable week in 2019*):- Occupancy: 64.6% (+0.9%)
- Average daily rate (ADR): US$148.43 (+17.1%)
- Revenue per available room (RevPAR): US$95.89 (+18.2%)
Among the Top 25 Markets, Norfolk/Virginia Beach reported the largest occupancy increase over 2019 (+14.3% to 63.6%).
San Diego posted the largest ADR increase over 2019 (+35.2% to US$202.86). The steepest RevPAR declines were in San Francisco (-26.7% to US$154.46) and Minneapolis (-16.3% to US$68.41). *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.