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

U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR’s latest data through July 22.

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

Occupancy: 72.9% (+0.5%)
Average daily rate (ADR): $161.65 (+1.5%)
Revenue per available room (RevPAR): $117.91 (+2.0%)

The U.S. occupancy level was the highest since the week ending Aug. 10 2019.

Among the top 25 markets, New York City saw the largest year-over-year increases in occupancy (+11.8% to 90.9%) and RevPAR (+21.2% to $253.61).

Helped by Taylor Swift’s Eras Tour, Seattle posted the only double-digit ADR gain (+16.0% to $251.29) and the second-highest RevPAR jump (+20.9% to $222.77).

The steepest RevPAR declines were seen in Miami (-12.8% to $130.76) and Orlando (-10.3% to $133.69).