The U.S. hotel industry reported higher performance from the month prior and improved comparisons with 2019, according to September 2022 data from STR.
September 2022 (percentage change from September 2019):
- Occupancy: 66.7% (-0.6%)
- Average daily rate (ADR): US$154.32 (+16.9%)
- Revenue per available room (RevPAR): US$103.00 (+16.3%)
Among the Top 25 Markets, New York City experienced the highest occupancy level (86.1%), which was down 3.8% from the market’s 2019 benchmark. The market’s performance was helped by the United Nations General Assembly and New York Fashion Week.
