Top
image credit: Vecteezy

U.S. Hotel Average Daily Rate for the Week of February 4th at $145.35 – 13.9% Above 2019

February 9, 2023

U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 4 February.

29 January through 4 February 2023 (percentage change from comparable week in 2019*):

  • Occupancy: 55.3% (-7.3%)
  • Average daily rate (ADR): US$145.35 (+13.9%)
  • Revenue per available room (RevPAR): US$80.45 (+5.6%)

While none of the Top 25 Markets saw an occupancy increase over 2019, Las Vegas came closest to its 2019 comparable (-1.4% to 78.2%). The market also reported the highest ADR (+79.5% to US$221.38) and RevPAR (+76.9% to US$173.20) increases over 2019, helped by Design & Construction Week 2023 and the NFL Pro Bowl Games.

Read More on Hotel News Resource