HENDERSONVILLE, Tenn. — According to STR’s latest data from Jan. 30 to Feb. 5, U.S. weekly hotel occupancy reached 50 per cent for the first time in more than a month, but the index to 2019 dipped from the week prior. Occupancy came in at 50.4 per cent (down 15.8 per cent), Average Daily Rate (ADR) was US$125.06 (down 1.2 per cent) and Revenue Per Available Room (RevPAR) sat at US$63.05 (down 16.8 per cent).
None of the top-25 markets recorded an occupancy increase over 2019, however, Norfolk/Virginia Beach came closest to its pre-pandemic comparable, sitting at 47.3 per cent (down 0.6 per cent). San Francisco/San Mateo experienced the largest occupancy decrease from 2019, coming in at 38.4 per cent (down 52.1 per cent).
In addition, Miami posted the highest ADR increase over 2019, up 16.6 per cent to US$285.03. The steepest RevPAR deficits were in San Francisco/San Mateo (down 71.3 per cent to US$58.98) and Washington, D.C. (down 48.3 per cent to US$43.58).
