STR: U.S. hotel occupancy flat week over week

U.S. hotel occupancy remained relatively flat week over week, while average daily rate rose, according to STR‘s latest data.  

For the week of Sept. 19-25, occupancy reached 63.2 percent, down 11 percent from the comparable week in 2019. Average daily rate reached $133.69, down 2 percent from two years ago, while revenue per available room was $84.54, down 12.8 percent from 2019. In comparison, for the previous week, occupancy reached 63 percent, ADR was $131.04 and RevPAR was $82.50.
    

A week after eclipsing 1 million for the first time since the earliest days of the pandemic, group demand rose again to almost 1.3 million for the week. At the same time, group ADR moved past $200 for the first time since February 2020.

Top Markets

Among the Top 25 Markets, Norfolk/Virginia Beach recorded the only occupancy increase over 2019 (up 0.1 percent to 63.9 percent). The market also recorded the largest RevPAR gain when compared with 2019 (up 17.8 percent to $74.71).

San Francisco/San Mateo experienced the steepest occupancy decline from 2019 (down 44 percent to 51.3 percent).

Miami reported the largest ADR increase when compared with 2019 (up 19.5 percent to $172.29).

The largest RevPAR deficits were in San Francisco/San Mateo (down 66.1 percent to $89.58) and Washington, D.C. (down 45.2 percent to $79.12).