HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019, according to STR‘s latest data through 29 October.
23-29 October 2022 (percentage change from comparable week in 2019*):
- Occupancy: 65.8% (+5.2%)
- Average daily rate (ADR): US$152.94 (+21.4%)
- Revenue per available room (RevPAR): US$100.59 (+27.8%)
The occupancy increase from 2019 reflected the positive side of the Halloween calendar shift, as the holiday fell during the comparable week in 2019. The next week of data to be processed (30 October-5 November) will show the negative side of that shift.
Among the Top 25 Markets, Tampa reported the largest increases over 2019 in each of the key performance metrics: occupancy (+21.5% to 76.1%), ADR (+42.1% to US$158.38) and RevPAR (+72.5% to US$120.58). Tampa has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand.
San Francisco was the only market to post declines in ADR (-7.4% to US$218.81) and RevPAR (-23.9% to US$145.37).
*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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