STR: U.S. hotel results for week ending 22 October

U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR‘s latest data through 22 October.

HENDERSONVILLE, Tennessee - U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR‘s latest data through 22 October.

16-22 October 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 69.9% (-0.5%)
  • Average daily rate (ADR): US$157.43 (+16.7%)
  • Revenue per available room (RevPAR): US$110.11 (+16.1%)

 

Among the Top 25 Markets, Tampa reported the largest increases over 2019 in occupancy (+7.4% to 75.9%) and RevPAR (+39.2% to US$117.28). Tampa has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand.

Miami posted the highest ADR increase over 2019 (+32.8% to US$221.59).

San Francisco was the only market to post an ADR decline (-8.5% to US$234.06).

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.

The steepest RevPAR declines were in San Francisco (-22.0% to US$175.30) and Minneapolis (-13.7% to US$79.33).

*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.

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Haley Luther

Senior Communications Manager [email protected] +1 (216) 278 0627

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...