STR: U.S. hotel results for week ending 1 October

As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October.

HENDERSONVILLE, Tennessee - As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October.

25 September through 1 October 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 66.4% (-2.4%)
  • Average daily rate (ADR): US$149.71 (+15.7%)
  • Revenue per available room (RevPAR): US$99.36 (+12.9%)

In addition to the Rosh Hashanah impact on business travel and groups in the major markets, there were demand shifts in the southeast region due to Hurricane Ian. STR’s Market Recovery Monitor will provide further analysis in the coming days.

Among the Top 25 Markets, Phoenix reported the highest occupancy increase over 2019 (+7.5% to 69.7%).

San Diego reported the largest ADR gain over 2019 (+29.8% to US$203.71).

San Francisco was the only market to post an ADR drop (-2.8% to US$234.73).

The steepest RevPAR declines were in San Francisco (-14.1% to US$176.63) and Minneapolis (-10.0% to US$79.76).

*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.

Additional Performance Data
STR’s world-leading hotel performance sample comprises 75,000 properties and 10 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...