U.S. hotel occupancy increased the week of Nov. 28-Dec. 4 from the previous week, but performance comparisons with 2019 were lower, according to STR’s latest data.
For the week (percentage change from comparable week in 2019):
- Occupancy: 54.8 percent (-8.8 percent)
- Average daily rate: $127.92 (-0.5 percent)
- Revenue per available room: $70.08 (-9.2 percent)
Top Markets
While none of the top 25 markets recorded an occupancy increase over 2019, Los Angeles matched its 2019 comparable (70 percent). San Francisco/San Mateo experienced the steepest occupancy decline from 2019 (-37.3 percent to 48.4 percent).
Miami, lifted by Art Basel, reported the largest ADR increase when compared with 2019 (+32.9 percent to $373.71).
The largest RevPAR deficits were in San Francisco/San Mateo (-54.9 percent to $77.57) and Washington, D.C. (-38.2 percent to $60.39).