STR: U.S. Weekly Hotel Performance Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR’s latest data through May 13, 2023. U.S. Hotel Performance May 7-13, 2023 Percentage change from comparable week in 2022:Occupancy: 65.1 percent (down 2.0 percent)ADR: $154.90 (up 3.4 percent)RevPAR: $100.81 (up 1.3 percent) Worsened comparisons than the week prior were expected and normal given seasonal slowing and the negative side of the Mother’s Day calendar shift. Among the Top 25 Markets, Philadelphia saw the […]
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