STR: U.S. Hotel Performance Decreases in Alignment With Memorial Day
HENDERSONVILLE, Tennessee—As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR’s latest data through June 3, 2023. U.S. Hotel Performance May 28-June 3, 2023 Percentage change from comparable week in 2022:Occupancy: 61.6 percent (down 2.3 percent)ADR: $150.28 (up 1.3 percent)RevPAR: $92.55 (down 1.0 percent) Among the Top 25 Markets, Las Vegas saw the highest year-over-year occupancy lift (up 9.5 percent to 73.5 percent). Washington, D.C., posted the […]
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