STR: U.S. hotel results for week ending 18 February

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 February.

• U.S. weekly hotel occupancy reached the 60% mark for the first time since the week ending 19 November 2022.
• Among the Top 25 Markets, Washington, D.C., saw the only occupancy increase over 2019 (+2.2% to 59.1%).
• Helped by Super Bowl LVII, Phoenix reported the highest ADR (+58.4% to US$278.20) and RevPAR (+44.6% to US$221.02) increases over 2019.
• The steepest RevPAR declines from 2019 were seen in San Francisco (-25.9% to US$124.24) and Chicago (-11.7% to US$60.24).

12-18 Feb 2023 (percentage change from comparable week in 2019):

• Occupancy: 60.8% (-5.5%)
• Average daily rate (ADR): US$156.10 (+19.5%)
• Revenue per available room (RevPAR): US$94.94 (+12.9%)