This week in Hospitality & Tourism #52 2022

  • STR: U.S. hotel results for week ending 24 December

    U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019 on the unfavorable side of a holiday calendar shift, according to STR‘s latest data through 24 December. At the same time, occupancy on the 24th was the highest for any Christmas Eve on record.

    • Christmas Eve occupancy came in at 43.6%, which topped the previous high established in 2021.
    • Among the Top 25 Markets, Houston reported the highest occupancy increase over 2019 (+3.4% to 43.1%).
    • Seattle posted the highest ADR lift over 2019 (+19.7% to US$130.07).
    • Miami saw the steepest ADR (-26.2% to US$225.08) and RevPAR (-42.4% to US$138.19) declines from 2019.

    18-24 December 2022 (percentage change from comparable week in 2019):

    • Occupancy: 43.9% (-9.7%)
    • Average daily rate (ADR): US$132.29 (2.3%)
    • Revenue per available room (RevPAR): US$58.04 (-7.6%)
STR Occupancy Data