U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal and inflation-adjusted basis, according to STR‘s latest data through 18 June.
12-18 June 2022 (percentage change from comparable week in 2019*):
- Occupancy: 71.8% (-4.8%)
- Average daily rate (ADR): US$155.02 (+14.9%)
- Revenue per available room (RevPAR): US$111.29 (+9.4%)
The occupancy level was the highest of the pandemic-era thanks to the country’s highest weekly demand (28 million room nights sold) since August 2019. While occupancy was up, the occupancy comparison with 2019 softened slightly from the week prior. ADR was down marginally from the previous week as was the ADR comparison to 2019.
