STR: January 2022 Reports Lower Performance Than January 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported lower performance to open the year than in 2019, according to January 2022 data from STR. U.S. Hotel Performance January 2022 Percentage change from January 2019 Occupancy: 47.8 percent (down 12.6 percent) ADR: $123.51 (down 0.3 percent) RevPAR: $58.98 (down 12.8 percent) Among the Top 25 Markets, Miami experienced the highest occupancy level (68.2 percent), which was still down 12.9 percent from the market’s 2019 benchmark. Markets with the […]
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CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
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