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Saturday, September 21, 2024

STR: U.S. Hotel Performance Increased from the Previous Week

Hotel1

Asian American Hotel Owners Association (AAHOA) recently issued the following announcement.

May 26, 2022 

U.S. hotel performance increased from the previous week, according to STR‘s latest data from May 15 through May 21 (percentage change from comparable week in 2019*): 

  • Occupancy: 68.6% (-3.5%)
  • ADR: US$151.75 (+13.4%)
  • RevPAR: US$104.06 (+9.5%)
The weekly RevPAR level was the highest in the U.S. since mid-July 2019. Among the Top 25 Markets, Miami saw the highest occupancy increase over 2019 (+4.7% to 77.5%).

Original source can be found here.

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