STR: U.S. hotel results for week ending 9 July

As expected on the negative side of a holiday calendar shift, U.S. hotel performance came in lower than the previous week, according to STR‘s latest data through 9 July.

HENDERSONVILLE, Tennessee - As expected on the negative side of a holiday calendar shift, U.S. hotel performance came in lower than the previous week, according to STR‘s latest data through 9 July.

3-9 July 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 63.3% (-14.5%)
  • Average daily rate (ADR): US$153.71 (+15.7%)
  • Revenue per available room (RevPAR): US$97.37 (-1.1%)

Whereas the previous week’s percentage changes were elevated on the favorable side of the calendar shift, the most recent week was skewed downward due to a comparison with a non-holiday week in 2019. After two consecutive weeks of lower demand around the Fourth of July holiday, the metrics are expected to strengthen for the remaining weeks of July.

Among the Top 25 Markets, Oahu Island reported the highest levels in each of the three key performance metrics: occupancy (86.2%), ADR (US$315.57) and RevPAR (US$271.92).

Additional Performance Data
STR’s world-leading hotel performance sample comprises 73,000 properties and 9.6 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

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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.

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Markets & Performance Markets & Performance USA & Canada United States

CoStar Group 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...