U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR's latest data for the week of Oct. 17-23. Occupancy reached 63.9 percent, down 9.1 percent from the comparable week in 2019. Average daily rate reached $134.14, down 0.6 percent from two years previously, while revenue per available room was $85.74, down 9.6 percent from 2019.
Top Markets
While none of the top 25 markets recorded an occupancy increase over 2019, Tampa, Fla., came closest to its 2019 comparable (down 3.1 percent to 68.5 percent). The market also reported the largest increases in ADR (up 16.1 percent to $138.33) and RevPAR (up 12.6 percent to $94.71) when compared with 2019.
Two markets matched for the steepest occupancy decline from 2019: Oahu Island, Hawaii (down 39.7 percent to 49.6 percent) and San Francisco/San Mateo (down 39.7 percent to 53 percent).
The largest RevPAR deficits were in San Francisco/San Mateo (down 58.9 percent to $92.26) and Washington, D.C. (down 49.9 percent to $81.21).