HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week and showed improved occupancy and revenue per available room (RevPAR) comparisons to 2019, according to STR‘s latest data through 19 November.
13-19 November 2022 (percentage change from comparable week in 2019*):
- Occupancy: 63.0% (+3.4%)
- Average daily rate (ADR): US$144.50 (+15.9%)
- Revenue per available room (RevPAR): US$91.02 (+19.8%)
Among the Top 25 Markets, Phoenix reported the largest increases over 2019 in each of the three key performance metrics: occupancy: (+13.7% to 81.9%), ADR (+36.4% to US$175.22) and RevPAR (+55.0% to US$143.48).
San Francisco (-54.7% to US$143.60) and Denver (-8.2% to US$85.81) registered the only RevPAR declines over 2019.
*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 75,000 properties and 10 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 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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hluther@str.com
+1 (216) 278 0627
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