The U.S. hotel industry reported lower performance from the month prior but improved comparisons with 2019, according to December 2022 data from STR.
December 2022 (percentage change from December 2019):
- Occupancy: 53.6% (-0.8%)
- Average daily rate (ADR): US$146.72 (+15.8%)
- Revenue per available room (RevPAR): US$78.63 (+14.8%)
Among the Top 25 Markets, New York City experienced the highest occupancy level (82.8%), which was down 6.0% from the market’s 2019 benchmark.
