U.S. hotel performance increased from the previous week and showed improvement against 2019 comparables, according to STR's latest data. The analytics firm credited Presidents Day weekend for the uptick.
For the week of Feb. 13-19 (percentage change from comparable week in 2019):
- Occupancy: 59.1 percent (-8.4 percent)
- Average daily rate: $140.11 (+8.4 percent)
- Revenue per available room: $82.87 (-0.8 percent)
Top Markets
Among the top 25 markets, Norfolk/Virginia Beach, Va., recorded the only occupancy increase over 2019 (+5.7 percent to 55 percent). San Francisco/San Mateo experienced the largest occupancy decrease from 2019 (-29.9 percent to 54.3 percent).
Miami posted the highest ADR increase over 2019 (+28 percent to $347.48), followed by Super Bowl LVI host Los Angeles (+26.4 percent to $225.07).
The steepest RevPAR deficits were in San Francisco/San Mateo (-42.6 percent to $95.16) and Houston (-31.1 percent to $53.14).