U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019 on the unfavorable side of a holiday calendar shift, according to STR‘s latest data through 24 December. At the same time, occupancy on the 24th was the highest for any Christmas Eve on record.
18-24 December 2022 (percentage change from comparable week in 2019*):
- Occupancy: 43.9% (-9.7%)
- Average daily rate (ADR): US$132.29 (+2.3%)
- Revenue per available room (RevPAR): US$58.04 (-7.6%)
Christmas Eve occupancy came in at 43.6%, which topped the previous high established in 2021.
The corresponding week in 2019 ended on 28 December, which brought performance up for that overall period.
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