U.S. resort efficiency fell from the earlier week, however year-over-year comparisons improved, in response to STR‘s newest information via 1 July.
25 June via 1 July 2023 (proportion change from comparable week in 2022):
- Occupancy: 69.9% (+4.1%)
- Common each day price (ADR): US$156.27 (+1.5%)
- Income per accessible room (RevPAR): US$109.18 (+5.7%)
Among the many High 25 Markets, St. Louis noticed the very best year-over-year will increase in occupancy (+22.2% to 71.6%) and RevPAR (+39.3% to US$96.46).
Philadelphia posted the biggest ADR carry (+16.4% to US$170.53).
The steepest RevPAR declines have been seen in New Orleans (-25.1% to US$119.12) and Miami (-10.2% to US$112.20).
About STR
STR supplies premium information benchmarking, analytics and market insights for the worldwide hospitality trade. Based in 1985, STR maintains a presence in 15 international locations with a North American headquarters in Hendersonville, Tennessee, a world 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, data and analytics within the industrial and residential property markets. For extra data, please go to str.com and costargroup.com.