U.S. hotel performance increased from the previous week, but year-over-year comparisons were mixed, according to STR‘s latest data through 17 June.

11-17 June 2023 (percentage change from comparable week in 2022):

• Occupancy: 70.8% (-1.1%)
• Average daily rate (ADR): US$159.82 (+2.6%)
• Revenue per available room (RevPAR): US$113.17 (+1.5%)

Among the Top 25 Markets, Oahu Island saw the only double-digit occupancy lift over 2022 (+11.0% to 84.1%).

Los Angeles posted the highest gain in ADR (+12.7% to US$222.47), helped by the 123rd U.S. Open.

Las Vegas reported the largest year-over-year RevPAR increase (+16.8% to US$146.33).

The steepest RevPAR declines were seen in New Orleans (-24.4% to US$90.01) and San Francisco (-18.4% to US$138.95).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. 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), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets. For more information, please visit str.com and costargroup.com.