U.S. hotel performance improved from the previous week, and RevPAR reached an all-time high on a nominal basis, according to STR‘s latest data through July 23.
July 17-23, 2022 (percentage change from comparable week in 2019):
- Occupancy: 72.8% (-6.0%)
- ADR: $158.79 (+16.4%)
- RevPAR: $115.59 (+9.3%)
In addition to the weekly RevPAR level, occupancy was the highest since early August 2019.
Among the top 25 markets, Orlando reported the only occupancy increase over 2019 (+2.2% to 81.8%). San Diego (87.1%); Oahu Island, HI (86.2%); and Seattle (85.7%) led the major markets in absolute occupancy for the week. San Diego posted the largest ADR gain over 2019 (+40.5% to $286.50).
San Francisco was the only market to report an ADR decrease compared to 2019 (-5.6% to $225.61). The steepest RevPAR deficits were in San Francisco (-20.5% to $170.99); and Washington, DC (-12.3% to $108.33).