STR: U.S. Hotel Performance, RevPAR, and Occupancy Improve
HENDERSONVILLE, Tennessee—U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according to STR’s latest data through July 23, 2022. U.S. Hotel Performance July 17-23, 2022 Percentage change from 2019 comparable week: Occupancy: 72.8 percent (down 6.0 percent) ADR: $158.79 (up 16.4 percent) RevPAR: $115.59 (up 9.3 percent) In addition to the weekly RevPAR level, occupancy was the highest since early August 2019. […]
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