STR: U.S. hotel results for week ending 11 February

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 February.

• While none of the Top 25 Markets saw an occupancy increase over 2019, Dallas came closest to its 2019 comparable (-0.7% to 66.1%).
• Helped by Super Bowl LVII, Phoenix reported the highest ADR (+129.5% to US$387.06) and RevPAR (+114.3% to US$300.09) increases over 2019.
• The steepest RevPAR declines from 2019 were seen in San Francisco (-55.9% to US$116.00) and Seattle (-24.1% to US$78.84).

5-11 Feb 2023 (percentage change from comparable week in 2019):

• Occupancy: 57.8% (-8.7%)
• Average daily rate (ADR): US$150.97 (+13.4%)
• Revenue per available room (RevPAR): US$87.21 (+3.6%)