U.S. lodge efficiency elevated from the earlier week, however year-over-year comparisons have been combined, in accordance with STR‘s newest information by means of 17 June.
11-17 June 2023 (share change from comparable week in 2022):
- Occupancy: 70.8% (-1.1%)
- Common day by day price (ADR): US$159.82 (+2.6%)
- Income per obtainable room (RevPAR): US$113.17 (+1.5%)
Among the many Prime 25 Markets, Oahu Island noticed the one double-digit occupancy carry over 2022 (+11.0% to 84.1%).
Los Angeles posted the best achieve in ADR (+12.7% to US$222.47), helped by the 123rd U.S. Open.
Las Vegas reported the biggest year-over-year RevPAR improve (+16.8% to US$146.33).
The steepest RevPAR declines have been seen in New Orleans (-24.4% to US$90.01) and San Francisco (-18.4% to US$138.95).
About STR
STR supplies premium information benchmarking, analytics and market insights for international hospitality sectors. Based in 1985, STR maintains a presence in 15 nations with a 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), a number one supplier of on-line actual property marketplaces, info and analytics within the industrial and residential property markets. For extra info, please go to str.com and costargroup.com.
