U.S. HOTEL PERFORMANCE experienced a significant increase compared to the previous week, according to STR‘s latest data. However, year-over-year comparisons yielded mixed results.
For the week ending June 10, occupancy in U.S. hotels stood at 69.4 percent, showing an improvement from 61.6 percent the previous week, but experiencing a 1.6 percent decline compared to 2022. The ADR for the week was recorded at $157.69, indicating an increase from $150.28 the previous week and a 0.5 percent rise from the previous year. RevPAR reached $109.38 during the week, surpassing the $92.55 figure from the week prior but displaying a 1.2 percent decrease compared to 2022.
Among the top 25 markets, Oahu Island, Hawaii, recorded the only double-digit occupancy lift over 2022, up 13.0 percent to 84.8 percent.
Washington, D.C., posted the only double-digit gain in ADR, increased 12.0 percent to $201.34 and the largest RevPAR increase, up 18.7 percent to $160.05.
The steepest declines in RevPAR were reported in San Francisco, experiencing a decrease of 37.2 percent to $161.99, and in Las Vegas, which declined by 24.8 percent to $120.23.
