STR: U.S. hotel results for week ending 12 November

U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 12 November.

6-12 November 2022 (percentage change from comparable week in 2019*):

• Occupancy: 64.6% (+0.9%)
• Average daily rate (ADR): US$148.43 (+17.1%)
• Revenue per available room (RevPAR): US$95.89 (+18.2%)

• Among the Top 25 Markets, Norfolk/Virginia Beach reported the largest occupancy increase over 2019 (+14.3% to 63.6%).
• San Diego posted the largest ADR increase over 2019 (+35.2% to US$202.86).
• The steepest RevPAR declines were in San Francisco (-26.7% to US$154.46) and Minneapolis (-16.3% to US$68.41).
• *Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.