Finance & DevelopmentSTR: Year-Over-Year U.S. Hotel Performance Comparisons Remain Mixed

STR: Year-Over-Year U.S. Hotel Performance Comparisons Remain Mixed

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, but year-over-year comparisons were mixed, according to STR’s latest data through June 17, 2023.

U.S. Hotel Performance

June 11-17, 2023

Percentage change from comparable week in 2022:
Occupancy: 70.8 percent (down 1.1 percent)
ADR: $159.82 (up 2.6 percent)
RevPAR: $113.17 (up 1.5 percent)

Among the Top 25 Markets, Oahu Island saw the only double-digit occupancy lift over 2022 (up 11.0 percent to 84.1 percent).

Los Angeles posted the highest gain in ADR (up 12.7 percent to $222.47), helped by the 123rd U.S. Open.

Las Vegas reported the largest year-over-year RevPAR increase (up 16.8 percent to $146.33).

The steepest RevPAR declines were seen in New Orleans (down 24.4 percent to $90.01) and San Francisco (down 18.4 percent to $138.95).

RELATED ARTICLES

BWH Hotels’ Soft Brands Empower Independent Hotels with Global Strength 

As travelers increasingly seek authentic, locally inspired experiences, BWH Hotels is meeting the moment with a diverse portfolio of soft brands that blend individuality...

Waldorf Astoria New York to Reopen After Renovation

NEW YORK CITY—Waldorf Astoria New York offered the first looks at a restoration of the hotel’s architecture with new designs. The property, which closed...

J.D. Power: 2025 NAGSI Study Shows Hotel Guests Want Smart TVs, Good Hotel Mobile Apps

TROY, Michigan—Hotel guests in every segment feel they are getting better value for their travel dollar, and according to the J.D. Power 2025 North...

HREC Arranges Sale of Homewood Suites by Hilton Tampa-Brandon

DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 126-guestroom Homewood Suites Tampa Brandon in Tampa,...

Nomadix Inc. Signs Strategic Agreement With TD SYNNEX

PLANO, TEXAS—Nomadix Inc. announced a distribution agreement with TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem. Through this agreement, Nomadix’s...

Hyatt Regency Times Square Opens

CHICAGO and NEW YORK—Hyatt Regency Times Square, Manhattan's first Hyatt Regency hotel, made its debut, and the property is now welcoming guests. The hotel...