<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-22-june">STR: U.S. hotel results for week ending 22 June</a>
The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 22 June.
<ul>
<li>Among the Top 25 Markets, Seattle saw the highest year-over-year increases in occupancy (+11.1% to 84.9%) and RevPAR (+16.8% to US$179.47).</li>
<li>Philadelphia posted the largest lift in ADR (+6.5% to US$170.10).</li>
<li>The steepest RevPAR declines were seen in San Francisco (-24.0% to US$111.18) and New Orleans (-21.8% to US$68.40).</li>
</ul>
16-22 June 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 69.5 (-2.5%)</li>
<li>Average daily rate (ADR): US$159.88 (+0.1%)</li>
<li>Revenue per available room (RevPAR): US$111.17 (-2.3%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-26-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #26 2024