Occupancy decreased by 6.0% compared to the same week in 2019

by Calculated risk on 7/29/2022 10:26:00 AM

U.S. hotel performance is up from the previous week, according to STR’s latest data through July 23.

July 17-23, 2022 (percentage change from the same week in 2019*):

Occupancy: 72.8% (-6.0%)
• Average Daily Rate (ADR): $158.79 (+16.4%)
• Yield per available room (RevPAR): $115.59 (+9.3%)

*Due to the epidemiological impact, STR measures recovery against comparable time periods as of 2019.
Confirmations added

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 for 2019 (STR compares to a strong year for hotels).

The average occupancy rate for 4 weeks is slightly lower than the average rate for the last 20 years (blue).

Note: The y-axis does not start from zero to better show seasonal change.

The average 4-week occupancy rate will peak seasonally in a few weeks.

Related Posts

Leave a Reply

Your email address will not be published.