U.S. weekly hotel performance continued to rev up with the largest week-over-week increase in occupancy this year. A level of 54.6% for 6-12 February 2022 was 4.2 percentage points better than the week prior, and in absolute terms, occupancy was highest since the second week of December. All day parts saw growth with the largest occupancy gain over the weekend (Friday and Saturday), up 6.6 percentage points to 64.1%. Of the 166 STR-defined markets, 91% reported week-over-week gains in weekend occupancy. Even more impressive, 36% of markets reported weekend occupancy above 65%. Weekday (Monday-Wednesday) occupancy, an indicator of business/group travel, increased 3.7 percentage points to 52.5%. Shoulder (Sunday & Thursday) occupancy was also up 2.5 percentage points.
