<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-25-november">STR: U.S. hotel results for week ending 25 November</a>
As expected due to the Thanksgiving holiday, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 25 November.
<ul>
<li>Among the Top 25 Markets, Oahu Island saw the largest year-over-year increases in occupancy (+9.4% to 76.3%) and RevPAR (+16.3% to US$227.92).</li>
<li>Las Vegas posted the largest ADR lift (+10.0% to US$158.13).</li>
<li>The steepest RevPAR declines were seen in Minneapolis (-18.8% to US$38.93) and San Francisco (-11.4% to US$65.99).</li>
</ul>
19-25 November 2023 (percentage change from comparable weeks in 2022, 2019):
<ul>
<li>Occupancy: 49.4 (-1.4%, -2.3%)</li>
<li>Average daily rate (ADR): US$138.29 (+0.9%, +21.5%)</li>
<li>Revenue per available room (RevPAR): US$68.32 (-0.6%, +18.7%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2023-week-48-occupancy.svg" alt="STR Occupancy &#x26; ADR Recovery" width="2117" height="1059">

This week in Hospitality & Tourism #48 2023