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U.S. hotel results for week ending 28 January

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 28 January. Hotels scrape out profit growth in January amid Coronavirus concern22-28 January 2023 (percentage change from comparable week in 2019*):

  • Occupancy: 56.3% (-0.3%)
  • Average daily rate (ADR): US$142.66 (+13.4%)
  • Revenue per available room (RevPAR): US$80.32 (+13.0%)

Among the Top 25 Markets, Dallas reported the highest occupancy increase over 2019 (+10.3% to 69.8%). Tampa saw the largest increases in both ADR (+32.5% to US$179.72) and RevPAR (+37.0% to US$137.70). The steepest RevPAR declines from 2019 were seen in Atlanta (-34.5% to US$91.86) and San Francisco (-28.2% to US$115.29).  *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: Hotel, hotel results, January, STR, US Hotel, week ending

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