HENDERSONVILLE, Tennessee – U.S. hotel performance dipped from the previous week but continued to improve in comparison with 2019, according to STR‘s latest data through 3 September.
28 August through 3 September 2022 (percentage change from comparable week in 2019*):
- Occupancy: 62.8% (+3.1%)
- Average daily rate (ADR): US$147.14 (+20.9%)
- Revenue per available room (RevPAR): US$92.45 (+24.6%)
Among the Top 25 Markets, Miami reported the largest increase over 2019 in occupancy (+30.1% to 62.2%) and RevPAR (+86.5% to US$112.37).
San Diego reported the largest ADR gain over 2019 (+50.1% to US$222.47).
San Francisco was the only market to show a decrease in RevPAR over 2019 (-16.2% to US$151.62).
*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.
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.