STR: U.S. Hotel Occupancy Reaches Second Highest Level This Year
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR’s latest data through May 20, 2023. U.S. Hotel Performance May 14-20, 2023 Percentage change from comparable week in 2022:Occupancy: 67.5 percent (down 1.5 percent)ADR: $158.53 (up 3.6 percent)RevPAR: $106.98 (up 2.1 percent) The U.S. occupancy level was the second highest for any week this year. Among the Top 25 Markets, Washington, D.C., saw the highest year-over-year […]
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