STR weekly results: March 5-11

Helped by the onset of spring break travel during the week of March 5-11, U.S. hotel performance increased from the previous week, according to STR’s latest data.

For the week (percentage change from comparable weeks in 2022, 2019):

  • Occupancy: 64.7 percent (+2.8 percent, -7.5 percent)
  • Average daily rate: $158.20 (+8.1 percent, +16.6 percent)
  • Revenue per available room: $102.38 (+11.1 percent, +7.8 percent)

In comparison, for the week of Feb. 26-March 4 (percentage change from comparable weeks in 2022, 2019):

  • Occupancy: 62.8 percent (+3 percent, -5.6 percent)
  • ADR: $151.35 (+8.9 percent, +14.1 percent)
  • RevPAR: $95.06 (+12.1 percent, +7.7 percent) 

Top Markets

Among STR’s top 25 markets, Washington, D.C., saw the highest year-over-year increase in occupancy (+21.8 percent to 67.6 percent). None of the top 25 markets saw an occupancy lift over 2019. D.C. also showed the most substantial ADR (+23.4 percent to $183.86) and RevPAR growth (+50.2 percent to $124.33) year over year.

In terms of ADR, Anaheim reported the highest ADR (+51.4 percent to $245.62) and RevPAR (+42.2 percent to $189.81) increases when measuring against 2019.

The steepest RevPAR declines from 2019 were seen in San Francisco (-22.8 percent to $144.02) and Minneapolis (-15.2 percent to $61.44).  Year over year, San Diego (-16.1 percent to $61.99) reported the largest RevPAR decrease.