STR: U.S. hotel results for week ending 8 October
U.S. hotel performance increased from the previous week but produced mixed comparisons with 2019, according to STR‘s latest data through 8 October.
U.S. hotel performance increased from the previous week but produced mixed comparisons with 2019, according to STR‘s latest data through 8 October.
2-8 October 2022 (percentage change from comparable week in 2019*):
- Occupancy: 68.2% (-3.5%)
- Average daily rate (ADR): US$153.79 (+16.9%)
- Revenue per available room (RevPAR): US$104.83 (+12.8%)
While weekday performance showed an expected decline due to Yom Kippur, school breaks and the extended holiday weekend helped lift levels on Friday and Saturday. Performance levels in Florida were also lifted by post-Hurricane Ian demand. Further analysis will be available in STR’s Market Recovery Monitor.