Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR‘s latest data through Jan. 7.
Jan. 1-7 2023 (percentage change from comparable week in 2019):
Occupancy: 47.2% (-11.5%)
Average daily rate (ADR): $142.82 (+11.2%)
Revenue per available room (RevPAR): $67.40 (-1.5%)
The comparable week in 2019 (Jan. 6-12 ) was a full business week.
Orlando was the only top 25 market to report an occupancy increase over 2019 (+2% to 71.3%). Of note, Las Vegas saw the highest occupancy level (73.5%). This was the first week with Las Vegas performance data included in STR’s reporting thanks to the rollout of new non-participant modeling in the U.S.
Oahu Island posted the highest ADR lift over 2019 (+42.6% to $332.05). San Francisco (-81.8% to $72.25) saw the steepest RevPAR decline from 2019 due to the market hosting the College Football Playoff National Championship during the corresponding week in 2019.