U.S. lodge efficiency elevated from the earlier week, in line with STR‘s newest knowledge via 18 February.
12-18 February 2023 (proportion change from comparable week in 2019*):
- Occupancy: 60.8% (-5.5%)
- Common day by day charge (ADR): US$156.10 (+19.5%)
- Income per accessible room (RevPAR): US$94.94 (+12.9%)
U.S. weekly lodge occupancy reached the 60% mark for the primary time for the reason that week ending 19 November 2022.
Among the many High 25 Markets, Washington, D.C., noticed the one occupancy enhance over 2019 (+2.2% to 59.1%).
Helped by Tremendous Bowl LVII, Phoenix reported the best ADR (+58.4% to US$278.20) and RevPAR (+44.6% to US$221.02) will increase over 2019.
The steepest RevPAR declines from 2019 had been seen in San Francisco (-25.9% to US$124.24) and Chicago (-11.7% to US$60.24).
*As a result of pandemic influence, STR is measuring restoration towards comparable time durations from 2019. Yr-over-year comparisons will as soon as once more turn out to be commonplace after Q1.