STR: U.S. Hotel Performance Remains Flat
HENDERSONVILLE, Tennessee—U.S. hotel performance remained mostly flat from the previous week, and year-over-year comparisons remained mixed, according to STR’s latest data through June 24, 2023. U.S. Hotel Performance June 18-24, 2023 Percentage change from comparable week in 2022:Occupancy: 71.4 percent (down 1.0 percent)ADR: $159.00 (up 0.9 percent)RevPAR: $113.58 (down 0.1 percent) Among the Top 25 Markets, Minneapolis saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 9.1 percent to […]
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