THE U.S. HOTEL industry set new highs in June and in the third week of July, according to STR. There was a slight dip in ADR in the most recent week of data.
Occupancy averaged 71 percent for the week ending July 17, up from 67.2 percent the week before and down 8.7 percent from the comparable time period in 2019. ADR was $139.19, down some from $139.84 the week before and up 1.8 percent from 2019. RevPAR reached $98.87, up from $93.99 the previous week and down 7.1 percent from two years before.
“Despite a four-point, week-over-week improvement in occupancy, ADR dipped slightly from the all-time high achieved the previous week,” STR said.
At 59.5 percent, New Orleans saw the highest occupancy increase over 2019 among STR’s top 25 markets, up 5.8 percent. San Francisco/San Mateo experienced the steepest decline in occupancy from 2019 levels, down 36.6 percent to 56.3 percent.
Miami reported the largest ADR increase over 2019, up 32.4 percent to $208.13, while Tampa, Florida’s $119.54 RevPAR saw the highest increase, up 29.2 percent. San Francisco/San Mateo and Boston saw the steepest RevPAR drops, down 55.6 percent to $94.29 and down 47.9 percent to $102.05 respectively.
Occupancy for June was 66.1 percent, up from 59.3 percent in May. ADR was $129, up from $117.69 the month before, and RevPAR reached $85.31, up from $69.81.
“In addition to higher occupancy and RevPAR levels, ADR was the highest for any month since February 2020,” STR said. “While year-over-year percentage changes show significant increases because of comparison with a pandemic-affected period in 2020, the country’s performance levels remained below the pre-pandemic comparable of June 2019: occupancy, down 9.8 percent, ADR, down 4 percent, and RevPAR, down 13.4 percent).”
Among the top 25 markets, Tampa experienced the highest occupancy level at 76.2 percent, a 3.2 percent increase over the market’s 2019 benchmark. San Francisco/San Mateo saw 50 percent occupancy and Washington, D.C., had 50.8 percent, the lowest for the month.
Among the month’s other highs, Oahu Island recorded the highest ADR, $227.22, and RevPAR, $171.40.
2024 માં શરૂ કરવામાં આવેલી, હિલ્ટન એટલાન્ટેનિયર મર્સિડીઝ બેન્ઝ સ્ટેડિયમ દ્વારા સિગ્નિયા, જ્યોર્જિયા વર્લ્ડ કોંગ્રેસ સેન્ટર અને સ્ટેટ ફાર્મ એરેના, આવતા વર્ષે હન્ટર હોટેલ કોન્ફરન્સનું આયોજન શરૂ કરશે.
હન્ટર હોટેલ કોન્ફરન્સમાં એક પેનલ પર બોલતા, ડાબેથી, વિઝન હોસ્પિટાલિટીના પ્રમુખ અને સીઈઓ મિચ પટેલ; ગ્રેગ ફ્રીડમેન, પીચટ્રી ગ્રુપના મેનેજિંગ પ્રિન્સિપાલ અને સીઈઓ; અને રોબર્ટ વેબસ્ટર, CBRE ના વાઇસ ચેરમેન.