With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through Jan. 21.
Jan. 15-21 2023 (percentage change from comparable week in 2019):
Occupancy: 54.2% (-6.2%)
ADR: $140.16 (+11.3%)
RevPAR: $75.97 (+4.4%)
Among the top 25 markets, Tampa reported the highest increase over 2019 in each of the three key performance metrics: occupancy (+6.8% to 78.8%), ADR (+31.9% to $174.78) and RevPAR (+41.0% to $137.76). None of the other top 25 markets saw an occupancy lift over 2019.
The steepest RevPAR declines from 2019 were seen in San Francisco (-41.5% to $108.60) and Seattle (-29.2% to $67.42).