Skip to content
Search

Latest Stories

STR: U.S. hotel performance sees decline in first week of July

NYC recorded the highest YoY occupancy surge, up 11.4 percent to 77.3 percent

STR: U.S. hotel performance sees decline in first week of July

CONSTRICTED BUSINESS TRAVEL during the Fourth of July weekend led to a decline in U.S. hotel performance from the previous week, according to STR. The week’s metrics also dropped from the comparable time period in 2022.

Occupancy decreased to 61.8 percent in the week ending July 8, marking a decline from the previous week's 69.9 percent and a 2.3 percent decrease compared to 2022. ADR averaged at $155.81, slightly lower than the previous week's $156.27, while still indicating a modest 1.1 percent increase compared to the corresponding period last year. RevPAR dipped to $96.36, a decrease from the previous week's $109.18, indicating a 1.2 percent decline compared to 2022.


Among the top 25 markets, New York City posted the highest year-over-year occupancy increase, up 11.4 percent to 77.3 percent.

Denver saw the largest ADR gain, up 8.6 percent to $156.14.

The steepest RevPAR declines were reported in Atlanta, experiencing a significant 19.3 percent decrease to $64.74, and Minneapolis, declining by 18.8 percent to $61.57.

More for you

AAHOACON25 ન્યૂ ઓર્લિયન્સમાં 15-17 એપ્રિલ 2025 દરમિયાન યોજાશે

AAHOACON25 ન્યૂ ઓર્લિયન્સમાં 15-17 એપ્રિલ દરમિયાન યોજાશે

AAHOA 2025 AAHOA કન્વેન્શન એન્ડ ટ્રેડ શો માટે તૈયારી કરી રહ્યું છે, જે 15 થી 17 એપ્રિલના રોજ ન્યૂ ઓર્લિયન્સમાં નક્કી કરવામાં આવ્યું છે. "નવા વિચારો, નવી તકો, ન્યુ ઓર્લિયન્સ" થીમ આધારિત આ ઇવેન્ટમાં ત્રણ દિવસનું શિક્ષણ, નેટવર્કિંગ અને ટ્રેડ શો છે.

આધ્યાત્મિક નેતા ગુરુદેવ શ્રી શ્રી રવિશંકર AAHOACON25 ના જનરલ સેશનમાં મુખ્ય વક્તા હશે, એમ AAHOA એ એક નિવેદનમાં જણાવ્યું છે.

Keep ReadingShow less
David Wahba, Stonebridge Cos. VP of Sales, at a luxury resort property in 2025
Photo credit: Stonebridge Cos.

Wahba is Stonebridge’s VP of sales luxury, lifestyle

David Wahba to Lead Stonebridge’s Luxury Sales Strategy

David Wahba is now vice president of sales for luxury, lifestyle and resort properties at Stonebridge Cos. In this role, he will oversee sales strategy for the company’s luxury portfolio.

Wahba brings more than 25 years of hospitality experience, Stonebridge said in a statement.

Keep ReadingShow less
Revival Hotels and Stayntouch cloud PMS partnership announcement 2025

Revival Hotels implements new PMS

How Revival Hotels Enhances Operations with Stayntouch’s Cloud PMS

HOTEL MANAGEMENT FIRM Revival Hotels is working with Stayntouch to provide its cloud-based property management systems to Revival’s independent portfolio. Revival is led by Founder and CEO Saxton Sharad.

Revival will receive automated software with flexibility and an interface its team can adopt to improve daily operations, the companies said in a joint statement.

Keep ReadingShow less