HENDERSONVILLE, Tennessee – Following seasonal patterns, the U.S. resort trade reported decrease efficiency from the month prior, in keeping with August 2022 knowledge from STR.
August 2022 (share change from August 2019):
- Occupancy: 66.5% (-6.7%)
- Common every day fee (ADR): US$151.49 (+14.0%)
- Income per accessible room (RevPAR): US$100.67 (+6.3%)
Among the many High 25 Markets, Oahu Island skilled the very best occupancy stage (81.6%), which was down 8.3% from the market’s 2019 benchmark.
Markets with the bottom occupancy for the month included New Orleans (47.3%) and Houston (55.3%).
New Orleans reported the steepest decline in occupancy compared with 2019 (-21.9%).
Reflecting continued enchancment in enterprise journey and teams, the High 25 Markets confirmed increased occupancy and ADR than all different markets.
A word to editors: All references to STR knowledge and evaluation ought to cite “STR” because the supply. Please chorus from citing “STR, Inc.” “Smith Journey Analysis” or “STR International” in sourcing.
Further Efficiency Knowledge
STR’s world-leading resort efficiency pattern includes 75,000 lodges and 10 million resort rooms across the globe. Please check with the contacts listed beneath for extra knowledge requests.
About STR
STR supplies premium knowledge benchmarking, analytics and market insights for the worldwide hospitality trade. Based in 1985, STR maintains a presence in 15 nations with a company North American headquarters in Hendersonville, Tennessee, a global headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the main supplier of business actual property data, analytics and on-line marketplaces. For extra data, please go to str.com and costargroup.com.
Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR
