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U.S. hotel results for week ending 3 June

As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR‘sUS hotel latest data through 3 June. 28 May through 3 June 2023 (percentage change from comparable week in 2022):

  • Occupancy: 61.6% (-2.3%)
  • Average daily rate (ADR): US$150.28 (+1.3%)
  • Revenue per available room (RevPAR): US$92.55 (-1.0%)

Among the Top 25 Markets, Las Vegas saw the highest year-over-year occupancy lift (+9.5% to 73.5%). Washington, D.C., posted the only double-digit gain in ADR (+10.7% to US$174.53). Boston reported the largest RevPAR increase (+18.6% to US$176.93) over 2022. The steepest RevPAR declines were seen in San Francisco (-15.6% to US$108.49) and Orlando (-12.8% to US$109.48).

Tags: 3 June, hotel results, U.S. hotel

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