through Calculated risk on 09/22/2022 12:32:00 p.m
US hotel performance rose from the previous week, showing improved comparisons to 2019, according to STR’s latest data through September. 17
Sept. 11-17.11.2022 (percentage change compared to comparison week 2019 *):
• Utilization: 69.6% (-2.4%)
• Average Daily Rate (ADR): $155.58 (+15.6%)
• Revenue per Available Room (RevPAR): $108.25 (+12.9%)
* Due to the impact of the pandemic, STR measures recovery using comparable periods from 2019.
The chart below shows the seasonal pattern for hotel occupancy based on the Four-week average.
Click on the graphic for a larger image.
The red line represents 2022, black represents 2020, blue represents the median and the dashed light blue represents 2021. The dashed purple represents 2019 (STR represents a strong year for hotels).
Note: The y-axis does not start at zero to better reflect seasonal changes.
The 4-week average occupancy rate will increase during the fall business travel season and then decrease into the winter.