STR: U.S. hotel results for week ending 11 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 February.
HENDERSONVILLE, Tennessee - U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 February.
5-11 February 2023 (percentage change from comparable week in 2019*):
- Occupancy: 57.8% (-8.7%)
- Average daily rate (ADR): US$150.97 (+13.4%)
- Revenue per available room (RevPAR): US$87.21 (+3.6%)
While none of the Top 25 Markets saw an occupancy increase over 2019, Dallas came closest to its 2019 comparable (-0.7% to 66.1%).
Helped by Super Bowl LVII, Phoenix reported the highest ADR (+129.5% to US$387.06) and RevPAR (+114.3% to US$300.09) increases over 2019.
The steepest RevPAR declines from 2019 were seen in San Francisco (-55.9% to US$116.00) and Seattle (-24.1% to US$78.84).
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019. Year-over-year comparisons will once again become standard after Q1.
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.
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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