HENDERSONVILLE, Tennessee—Helped by Presidents’ Day weekend, U.S. hotel performance increased from the previous week and showed improvement against 2019 comparables, according to STR‘s latest data through 19 February.
13-19 February 2022 (percentage change from comparable week in 2019*):
- Occupancy: 59.1% (-8.4%)
- Average daily rate (ADR): US$140.11 (+8.4%)
- Revenue per available room (RevPAR): US$82.87 (-0.8%)
Among the Top 25 Markets, Norfolk/Virginia Beach recorded the only occupancy increase over 2019 (+5.7% to 55.0%)
San Francisco/San Mateo experienced the largest occupancy decrease from 2019 (-29.9% to 54.3%).
Miami posted the highest ADR increase over 2019 (+28.0% to US$347.48), followed by Super Bowl LVI host, Los Angeles (+26.4% to US$225.07).
The steepest RevPAR deficits were in San Francisco/San Mateo (-42.6% to US$95.16) and Houston (-31.1% to US$53.14).
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
Additional Performance Data
STR’s world-leading hotel performance sample comprises 73,000 properties and 9.6 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
About STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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Haley Luther
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+1 (216) 278 0627
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