For the week of Feb. 26 to March 4, U.S. hotel performance fell from the previous week but were up year over year, according to STR’s latest data.
For the week (percentage change from comparable weeks in 2022, 2019):
- Occupancy: 62.8 percent (+3 percent, -5.6 percent)
- Average daily rate: $151.35 (+8.9 percent, +14.1 percent)
- Revenue per available room: $95.06 (+12.1 percent, +7.7 percent)
For the week of Feb. 19-25 (percentage change from comparable week in 2019):
- Occupancy: 64.2 percent (-1.5 percent)
- ADR: $156.51 (+22.2 percent)
- RevPAR: $100.43 (+20.3 percent)
Top Markets
Among STR's top 25 markets, Detroit saw the highest occupancy increase over 2019 (+5 percent to 63.2 percent), while Washington, D.C., was up the most from last year (+23.6 percent to 64.1 percent).
D.C. also showed the most substantial RevPAR growth year over year (+52.2 percent to $113.56).
In terms of ADR, Las Vegas ($196.65) reported the highest ADR increase when measuring against 2019 (+56.8 percent) and 2022 (+33.7 percent). Las Vegas also saw the largest jump in RevPAR over 2019 (+54.3 percent to $153.55).
The steepest RevPAR declines from 2019 were seen in San Francisco (-51.4 percent to $117.39) and New Orleans (-19.4 percent to $122.95). Year over year, Miami (-4.2 percent to $225.72) was the only top 25 market to report a RevPAR decrease.