U.S. hotel results for week ending 22 April - Insights
Global News

U.S. hotel results for week ending 22 April

  1. Home
  2. Global News
  3. U.S. hotel results for week ending 22 April

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 22 April. US hotel results16-22 April 2023 (percentage change from comparable week in 2022):

  • Occupancy: 67.2% (+2.3%)
  • Average daily rate (ADR): US$155.76 (+4.2%)
  • Revenue per available room (RevPAR): US$104.64 (+6.6%)

Helped by group demand, which was the third highest of the pandemic-era, the occupancy and RevPAR levels were the second highest of the year, behind the week ending 18 March. Among the Top 25 Markets, Chicago saw the highest year-over-year increases in each of the key performance metrics: occupancy (+23.9% to 72.2%), ADR (+29.6% to US$174.71) and RevPAR (+60.6% to US$126.13).Of note, New York City (82.1%) and Las Vegas (80.8%) were the only two markets to report occupancy above 80%.  The steepest RevPAR declines were seen in Miami (-20.7% to US$181.17) and Tampa (-8.9% to US$139.51).

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

You might also like:

Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Tech.eX Members: