This week in Hospitality & Tourism #3 2022
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STR: U.S. hotel results for week ending 15 January
U.S. weekly hotel occupancy worsened in comparison with pre-pandemic levels, according to STR‘s latest data through 15 January.
9-15 January 2022 (percentage change from comparable week in 2019):
- Occupancy: 48.8% (-16.3%)
- Average daily rate (ADR): US$122.12 (-1.6%)
- Revenue per available room (RevPAR): US$59.57 (-17.6%)
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Hospitality Asset Managers Association (“HAMA”) Releases Top Five Membership Concerns for 2022
With nearly 120 respondents, the top five concerns of 2022 by HAMA membership are:
- Availability of Labor
- Labor Wage Rates
- Return of Corporate Travel
- General Inflation
- Market Demand