U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 March.
26 February through 4 March 2023 (percentage change from comparable weeks in 2022, 2019):
- Occupancy: 62.8% (+3.0%, -5.6%)
- Average daily rate (ADR): US$151.35 (+8.9%, +14.1%)
- Revenue per available room (RevPAR): US$95.06 (+12.1%, +7.7%)
Among the Top 25 Markets, Detroit saw the highest occupancy increase over 2019 (+5.0% to 63.2%), while Washington, D.C. was up the most from last year (+23.6% to 64.1%).
D.C. also showed the most substantial RevPAR growth year over year (+52.2% to US$113.56).
