U.S. weekly hotel occupancy dipped from the previous week, while room rates were up slightly, according to STR‘s latest data.
For the week of July 25–31, occupancy reached 70.1 percent, down 6.2 percent from the comparable week in 2019. Average daily rate for the week was $142.76, up 6.8 percent, while revenue per available room was $100.07, up 0.1 percent.
ADR remained at an all-time high on a nominal basis but not when adjusted for inflation (up $135).
Among the Top 25 Markets, Norfolk/Virginia Beach saw the highest occupancy increase over 2019, increasing 2.2 percent to 82.5 percent.
San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019, falling 30.5 percent to 60 percent.
Miami reported the largest ADR (up 43.3 percent to $215.34) and RevPAR (up 38.3 percent to $156.01) increases over 2019.
The largest RevPAR drops were in San Francisco/San Mateo (down 47.8 percent to $101.44) and Minneapolis (down 39.2 percent to $66.71).