STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through April 22, 2023. U.S. Hotel Performance April 16-22, 2023 Percentage change from comparable week in 2022):Occupancy: 67.2 percent (up 2.3 percent)ADR: $155.76 (up 4.2 percent)RevPAR: $104.64 (up 6.6 percent) Helped by group demand, which was the third highest of the pandemic era, the occupancy and RevPAR levels were the second highest of the year, behind the week ending March 18, […]
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