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For November U.S. Hotel Industry Reported Weakened Comparisons with 2019

December 20, 2022

The U.S. hotel industry reported lower performance from the month prior and weakened comparisons with 2019, according to November 2022 data from STR.

November 2022 (percentage change from November 2019):

  • Occupancy: 59.4% (-3.2%)
  • Average daily rate (ADR): US$144.46 (+15.2%)
  • Revenue per available room (RevPAR): US$85.74 (+11.4%)

Among the Top 25 Markets, New York City experienced the highest occupancy level (79.0%), which was down 8.8% from the market’s 2019 benchmark.

Markets with the lowest occupancy for the month included Minneapolis (51.2%) and St. Louis (52.2%). San Francisco reported the steepest decline in occupancy when compared with 2019 (-21.8%).

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