HENDERSONVILLE, Tennessee — U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR‘s latest data through 31 December.

25-31 December 2022 (percentage change from comparable week in 2019*):

  • Occupancy: 54.2% (+10.4%)
  • Average daily rate (ADR): US$167.21 (+21.7%)
  • Revenue per available room (RevPAR): US$90.63 (+34.3%)

The comparable week three years ago covered 29 December-4 January.

Source: STRSource: STR
Source: STR

Among the Top 25 Markets, Norfolk/Virginia Beach reported the highest occupancy increase over 2019 (+22.9% to 48.5%).

Phoenix posted the highest ADR lift over 2019 (+53.5% to US$174.33).

None of the Top 25 Markets reported an ADR decline.

San Francisco (-9.3% US$92.78) and Los Angeles (-4.2% to US$127.74) saw the only RevPAR declines from 2019.

*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.

Additional Performance Data

STR’s world-leading hotel performance sample comprises 75,000 properties and 10 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Manager
+1 (216) 278 0627
STR