U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis, according to STR‘s latest data through June 11.
June 5-11, 2022 (percentage change from comparable week in 2019*):
• Occupancy: 70.6% (-4.1%)
• Average daily rate (ADR): $155.37 (+15.4%)
• Revenue per available room (RevPAR): $109.76 (+10.7%)
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.
The red line is for 2022, black is 2020, blue is the median, and dashed light blue is for 2021. Dashed purple is 2019 (STR is comparing to a strong year for hotels).