STR: U.S. hotel results for week ending 18 June
U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal and inflation-adjusted basis, according to STR‘s latest data through 18 June.
U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis and a pandemic-era high on an inflation-adjusted basis, according to STR‘s latest data through 18 June.
12-18 June 2022 (percentage change from comparable week in 2019*):
- Occupancy: 71.8% (-4.8%)
- Average daily rate (ADR): US$155.02 (+14.9%)
- Revenue per available room (RevPAR): US$111.29 (+9.4%)
The occupancy level was the highest of the pandemic-era thanks to the country’s highest weekly demand (28 million room nights sold) since August 2019. While occupancy was up, the occupancy comparison with 2019 softened slightly from the week prior. ADR was down marginally from the previous week as was the ADR comparison to 2019.
- Among the Top 25 Markets, San Diego saw the only occupancy increase over 2019 (+0.5% to 86.0%).
- New York City (86.6%), San Diego and Seattle (85.0%) led the major markets in absolute occupancy for the week.
- Minneapolis reported the largest occupancy decrease from 2019 (-18.9% to 70.6%).
- Miami posted the largest ADR gain over 2019 (+32.9% to US$203.14).
- The steepest RevPAR deficits were in Minneapolis (-23.1% to US$94.15) and San Francisco (-20.7% to US$167.90).
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.