HENDERSONVILLE, Tennessee—U.S. hotel performance decreased from the previous week, according to STR’s latest data through March 5, 2022. U.S. Hotel Performance February 27, 2022-March 5, 2022 Percentage change from 2019 comparable week Occupancy: 61.2 percent (down 8.2 percent) ADR: $137.96 (up 4.7 percent) RevPAR: $84.39 (down 3.8 percent) While none of the Top 25 Markets showed an occupancy increase over 2019, Norfolk/Virginia Beach came closest to its 2019 comparable (down 0.8 percent to 56.3 percent). […]

The post STR: U.S. Hotel Performance Decreases from Previous Week appeared first on LODGING Magazine.

This post was originally published on this site