by Calculated risk on 9/22/2022 12:32:00 PM
U.S. hotel performance is up from the previous week and showing improved comparisons with 2019, according to STR’s latest data through September 17.
September 11-17, 2022 (percentage change from the same week in 2019*):
• Occupancy: 69.6% (-2.4%)
• Average Daily Rate (ADR): $155.58 (+15.6%)
• Revenue per available room (RevPAR): $108.25 (+12.9%)
*Due to the epidemiological impact, STR measures recovery against comparable time periods as of 2019.
The following graph shows the seasonal pattern of hotel occupancy rate using Average four weeks.
Click on the chart for a larger picture.
Red streak is for 2022, black for 2020, blue is the average, and dashed light blue is for 2021. The dashed magenta is 2019 (STR compares to a strong year for hotels).
Note: The y-axis does not start from zero to better show seasonal change.
The average 4-week occupancy rate will increase during the period of business travel in the fall, then decrease into the winter.