STR: U.S. hotel results for week ending April 22

U.S. hotel performance increased from the previous week, according to STR‘s latest data through April 22.

April 16-22 (percentage change from comparable week in 2022):

Occupancy: 67.2% (+2.3%)
ADR: $155.76 (+4.2%)
RevPAR: $104.64 (+6.6%)

Helped by group demand, which was the third highest of the pandemic-era, the occupancy and RevPAR levels were the second highest of the year, behind the week ending March 18.

Among the top 25 markets, Chicago saw the highest year-over-year increases in each of the key performance metrics: occupancy (+23.9% to 72.2%), ADR (+29.6% to $174.71) and RevPAR (+60.6% to $126.13).

Of note, New York City (82.1%) and Las Vegas (80.8%) were the only two markets to report occupancy above 80%.

The steepest RevPAR declines were seen in Miami (-20.7% to $181.17) and Tampa (-8.9% to $139.51).