The U.S. hotel industry is heading to its annual occupancy apex, which normally occurs in mid-July for the U.S. and mid-August for the remainder of the globe.
Market Recovery Monitor – 18 June 2022
U.S. hotel performance strengthened further with occupancy for the week ending 18 June 2022 at a pandemic-era high of 71.8%.
U.S. hotel results for week ending 18 June
U.S. hotel revenue per available room reached an all-time weekly high on a nominal and inflation-adjusted basis.
U.S. hotel results for week ending 11 June
U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis.
Tourism set to inject over $2.6 billion into the U.S. economy over next decade
Revenue from Travel & Tourism will make up almost 10% of U.S. economy.
U.S. hotel profitability surpassed 2019 levels for second consecutive month
U.S. hotel GOPPAR exceeded the pre-pandemic comparable for a second consecutive month.
U.S. hotel results for week ending 14 May
U.S. hotel performance improved from the previous week.
U.S. hotel results for week ending 7 May
U.S. hotel occupancy declined from the previous week, while average daily rate increased slightly.
U.S. hotel results for week ending 23 April
U.S. hotel performance increased from the previous week.
The Americas and Asia Pacific regions show increased hotel pipeline activity
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter.
