<ul>
<li>
<a href="https://str.com/press-release/str-us-hotel-results-week-ending-22-january">STR: U.S. hotel results for week ending 22 January</a>
U.S. hotel performance remained relatively flat from the previous week, according to STR‘s latest data through 22 January.
16-22 January 2022 (percentage change from comparable week in 2019):
<ul>
<li>Occupancy: 48.7% (-15.9%)</li>
<li>Average daily rate (ADR): US$122.17 (-1.4%)</li>
<li>Revenue per available room (RevPAR): US$59.52 (-17.1%)</li>
</ul>
<img src="/images/blogimages/2022-week-04-occupancy.png" alt="STR Occupancy Data" width="4000" height="2250">
</li>
<li>
<a href="https://www.hospitalitynet.org/news/4108637.html">The Los Angeles Market Leads the Hotel Construction Pipeline by Rooms at the end of Q4‘21</a>
Construction pipeline:
<ol>
<li>Los Angeles: 120 projects/19,815 rooms.</li>
<li>New York 121 projects/19,303 rooms.</li>
<li>Atlanta: 133 rooms/17,593 rooms.</li>
</ol>
</li>
<li>
<a href="https://www.costar.com/article/1928073552">Pushed Back at Height of Pandemic, Hotel Renovations Now Face Supply Chain Delays</a>
Many hotel owners and operators who put off projects amid a demand crisis at the height of the COVID-19 pandemic are now financially able to renovate their properties, but face the same challenges as developers of new projects: higher prices and less availability of materials and construction labor.
</li>
</ul>

This week in Hospitality & Tourism #4 2022