U.S. hotel results for week ending 14 January - Insights
Global News

U.S. hotel results for week ending 14 January

U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR‘s latest data throughUS hotel results 14 January. 8-14 January 2023 (percentage change from comparable week in 2019*):

  • Occupancy: 54.8% (-5.5%)
  • Average daily rate (ADR): US$144.81 (+15.7%)
  • Revenue per available room (RevPAR): US$79.38 (+9.3%)

While none of the Top 25 Markets reported an occupancy increase over 2019, Dallas came closest to its 2019 comparable (-2.1% to 69.0%).   San Francisco posted the highest ADR (+141.1% to US$574.24) and RevPAR (+91.9% to US$373.97) jumps over 2019, helped by the 41st Annual J.P. Morgan Healthcare Conference. The steepest RevPAR declines from 2019 were seen in Detroit (-32.6% to US$55.32) and Seattle (-21.8% to US$78.26).  *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019. Year-over-year comparisons will once again become standard after Q1.

Tags: , , ,
Media

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 inte…

Related Courses

Related Articles

IHG Hotels & Resorts’ voco hotels enters 2023 with strong growth momentum
Third party hotel operators set to grow across Europe, says HVS

You might also like:

Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Most popular:

Popular this week: