Helped by spring break travel, U.S. hotel performance increased from the previous week, according to STR‘s latest data through March 18.
March 12-18 (percentage change from comparable weeks in 2022, 2019):
Occupancy: 67.6% (+1.3%, -2.5%)
ADR: $167.04 (+8.9%, +23.9%)
RevPAR: $112.89 (+10.4%, +20.8%)
Among the top 25 markets, Boston saw the highest year-over-year increase in occupancy (+17.8% to 71.8%), while Houston saw the highest occupancy lift over 2019 (+9.6% to 72.5%).
Las Vegas showed the most substantial ADR (+77.9% to $306.79) and RevPAR growth (+101.5% to $277.09) year over year. The market also reported the highest increases in the metrics when measuring against 2019: ADR (+113.2% to $306.79) and RevPAR (+116.9% to $277.09).
The steepest RevPAR declines from 2019 were seen in San Francisco (-39.7% to $139.73) and Philadelphia (-12.9% to $83.68). Year over year, Miami reported the largest RevPAR decrease (-8.9% to $252.69).
