STR: U.S. Hotel Performance Fluctuates With Spring Break Season
HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR’s latest data through March 25, 2023. U.S. Hotel Performance March 19-25, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 64.9 percent (down 0.6 percent, down 6.3 percent)ADR: $158.61 (up 4.7 percent, up 19.5 percent)RevPAR: $102.98 (up 4.1 percent, up 12.0 percent) Among the Top 25 Markets, Chicago saw the highest year-over-year increase […]
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