Following seasonal patterns, the U.S. hotel industry reported lower performance from the month prior, according to January 2023 data from STR.
January 2023 (percentage change from January 2019):
- Occupancy: 52.8% (-3.0%)
- Average daily rate (ADR): US$142.14 (+13.8%)
- Revenue per available room (RevPAR): US$75.01 (+10.4%)
Among the Top 25 Markets, Oahu Island experienced the highest occupancy level (74.4%), which was down 9.9% from the market’s 2019 benchmark.