U.S. HOTEL PERFORMANCE increased in the fourth week of September compared to the week before, according to STR. Performance also improved when compared to 2019.
Occupancy was 70 percent for the week ending Sept. 24, increased slightly from 69.6 percent the week before and decreased just 1.5 percent from 2019. ADR was $157.99 for the week, up from $155.58 the week before and increased 15.7 percent from three years ago. RevPAR reached $110.60 during the week, increased from $108.25 the week before and up 13.9 percent from 2019.
Among STR’s top 25 markets, Orlando reported the highest occupancy increase for September’s fourth week, up 7.9 percent to 72.2 percent, over 2019.
New York City saw the highest absolute occupancy level at 89.9 percent during the week due to the high-level week of the United Nations General Assembly.
Anaheim reported the largest ADR gain, increased 31.7 percent to $214.61, over 2019.
The steepest RevPAR declines were in New Orleans, down 16.7 percent to $86.68, followed by Minneapolis, which was down 16.1 percent to $90.11 in the fourth week.
