<ul>
<li>
<a href="https://str.com/press-release/str-us-hotel-results-week-ending-31-december">STR: U.S. hotel results for week ending 31 December</a>
U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR‘s latest data through 31 December.
<ul>
<li>Among the Top 25 Markets, Norfolk/Virginia Beach reported the highest occupancy increase over 2019 (+22.9% to 48.5%).</li>
<li>Phoenix posted the highest ADR lift over 2019 (+53.5% to US$174.33).</li>
<li>None of the Top 25 Markets reported an ADR decline.</li>
<li>San Francisco (-9.3% US$92.78) and Los Angeles (-4.2% to US$127.74) saw the only RevPAR declines from 2019.</li>
</ul>
25-31 December 2022 (percentage change from comparable week in 2019):
<ul>
<li>Occupancy: 54.2% (+10.4%)</li>
<li>Average daily rate (ADR): US$167.21 (+21.7%)</li>
<li>Revenue per available room (RevPAR): US$90.63 (+34.3%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2023-week-01-occupancy.png" alt="STR Occupancy Data" width="4000" height="2250">

This week in Hospitality & Tourism #1 2023