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STR: U.S. hotels see mixed performance for week ending June 10

Oahu Island recorded the only double-digit occupancy lift over 2022

STR: U.S. hotels see mixed performance for week ending June 10

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.

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Hospitality leaders call for end to shutdown

Summary:

  • Hospitality leaders urged a vote on the Senate-passed bill to end the government shutdown.
  • The hotel industry has lost an estimated $1.2 billion in economic activity.
  • The House is set to vote this evening on the Senate-backed bill, according to CNN.

LEADERS FROM THE American Hotel & Lodging Association, Airlines for America, U.S. Travel Association and the National Restaurant Association urged the House of Representatives to vote on the Senate-passed agreement to end the government shutdown. Meanwhile, senators approved a funding package to reopen the federal government and sent the deal to the House.

The House is set to vote this evening on the Senate-backed bill, according to CNN. Speaker Mike Johnson must secure support from his narrow GOP majority but told reporters he is “optimistic.”

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