This week in Hospitality & Tourism #2 2022

  • STR: U.S. hotel results for week ending 8 January

    Reflecting post-holiday seasonality, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 8 January.

    2-8 January 2022 (percentage change from comparable week in 2019):

    • Occupancy: 45.4% (-14.9%)
    • Average daily rate (ADR): US$119.92 (-4.8%)
    • Revenue per available room (RevPAR): US$54.47 (-19.0%)
    STR Occupancy Data
  • Hotel Industry Faces Short-Term and Long-Term Disruptions With Events

    While leisure travel has buoyed the hotel industry through the early stages of the recovery. However, COVID-19 cases still spiking and companies reticent to make big commitments to travel, the return of large, citywide events that drive a lot of that demand could be slower to return.

  • A Review of Hotel Company Key Performance Metrics in 2021

    The recovery of the hotel industry from the ongoing global pandemic can be measured by improvements to key performance metrics.

    STR Recovery Chart