STR: Pre-Memorial Day U.S. Hotel Performance Decreased
HENDERSONVILLE, Tennessee—As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR’s latest data through May 27, 2023. Year-over-year comparisons were improved. U.S. Hotel Performance May 21-27, 2023 Percentage change from comparable week in 2022:Occupancy: 66.8 percent (up 0.6 percent)ADR: $156.63 (up 2.2 percent)RevPAR: $104.62 (up 2.9 percent) Among the Top 25 Markets, Washington, D.C., saw the highest year-over-year occupancy lift (up 10.5 percent to 76.2 percent). Of note, […]
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