According to the most recent STR statistics through 14 January, hotel performance in the United States improved over the previous week but exhibited mixed results when compared to 2019.
8-14 January 2023 (change in % from the same week in 2019*):
Occupancy: 54.8% (-5.5%)
ADR (average daily rate): US$144.81 (+15.7%)
RevPAR (revenue per available room): US$79.38 (+9.3%).
While none of the Top 25 Markets had a gain in occupancy in 2019, Dallas came the closest (-2.1% to 69.0%).
The 41st Annual J.P. Morgan Healthcare Conference helped San Francisco achieve the greatest ADR (+141.1% to US$574.24) and RevPAR (+91.9% to US$373.97) increases in 2019.
Detroit (-32.6% to US$55.32) and Seattle (-21.8% to US$78.26) had the highest RevPAR drops from 2019.
More Stories
Emerging Travel Trends: Workations, Slow Tourism, and Culinary Experiences Gain Popularity
Indigenous Tourism: A $67 Billion Opportunity for Global Economic Growth
Business Travel Set for Record Surge: A $1.5 Trillion Comeback