Helped by Presidents’ Day weekend, US hotel performance increased from the previous week and showed improvement against 2019 comparables, according to STR‘s latest data through 19 February.
13-19 February 2022 (percentage change from comparable week in 2019*):
- Occupancy: 59.1% (-8.4%)
- Average daily rate (ADR): US$140.11 (+8.4%)
- Revenue per available room (RevPAR): US$82.87 (-0.8%)
Among the Top 25 Markets, Norfolk/Virginia Beach recorded the only occupancy increase over 2019 (+5.7% to 55.0%)
San Francisco/San Mateo experienced the largest occupancy decrease from 2019 (-29.9% to 54.3%).
Miami posted the highest ADR increase over 2019 (+28.0% to US$347.48), followed by Super Bowl LVI host, Los Angeles (+26.4% to US$225.07).
The steepest RevPAR deficits were in San Francisco/San Mateo (-42.6% to US$95.16) and Houston (-31.1% to US$53.14).
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
www.str.com
