U.S. hotel performance improved from the previous week, and revenue per available room reached an all-time high on a nominal basis for the week of July 17-23, according to STR‘s latest data.
For the week (percentage change from comparable week in 2019):
- Occupancy: 72.8 percent (-6 percent)
- Average daily rate: $158.79 (+16.4 percent)
- RevPAR: $115.59 (+9.3 percent)
In addition to the weekly RevPAR level, occupancy was the highest since early August 2019.
In comparison, for the week of July 10-16 (percentage change from comparable week in 2019):
- Occupancy: 72 percent (-7.4 percent)
- ADR: $157.23 (+14.9 percent)
- RevPAR: $113.28 (+6.4 percent)
Top Markets
Among STR's top 25 markets, Orlando reported the only occupancy increase over 2019 (+2.2 percent to 81.8 percent).
San Diego (87.1 percent), Oahu Island (86.2 percent) and Seattle (85.7 percent) led the major markets in absolute occupancy for the week.
San Diego posted the largest ADR gain over 2019 (+40.5 percent to $286.50).
San Francisco was the only market to report an ADR decrease compared to 2019 (-5.6 percent to $225.61).
The steepest RevPAR deficits were in San Francisco (-20.5 percent to $170.99) and Washington, D.C. (-12.3 percent to $108.33).