STR: U.S. Hotel Results for Week Ending 24 September

As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October.

25 September through 1 October 2022 (percentage change from comparable week in 2019*):

• Occupancy: 66.4% (-2.4%)
• Average daily rate (ADR): US$149.71 (+15.7%)
• Revenue per available room (RevPAR): US$99.36 (+12.9%) 

In addition to the Rosh Hashanah impact on business travel and groups in the major markets, there were demand shifts in the southeast region due to Hurricane Ian. STR’s Market Recovery Monitor will provide further analysis in the coming days.