<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-15-july">STR: U.S. hotel results for week ending 15 July</a>
U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through 15 July.
<ul>
<li>Among the Top 25 Markets, San Francisco/San Mateo saw the highest year-over-year occupancy increase (+7.7% to 79.4%).</li>
<li>Helped by Taylor Swift’s Eras Tour, Denver posted the largest ADR (+20.1% to US$199.95) and RevPAR (+25.9% to US$177.40) gains.</li>
<li>The steepest RevPAR declines were seen in Chicago (-8.9% to US$126.62) and Miami (-8.3% to US$123.26).</li>
</ul>
9-15 July 2023 (percentage change from comparable weeks in 2022, 2019):
<ul>
<li>Occupancy: 72.00% (+0.1%, -7.3%)</li>
<li>Average daily rate (ADR): US$159.98 (+1.5%, +16.6%)</li>
<li>Revenue per available room (RevPAR): US$115.18 (+1.6%, +8.1%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2023-week-29-occupancy.svg" alt="STR Occupancy &#x26; ADR Recovery" width="2092" height="1059">

This week in Hospitality & Tourism #29 2023