U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR‘s latest data through 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.