U.S. lodge outcomes for week ending 11 March

Helped by the onset of spring break journey, U.S. lodge efficiency elevated from the earlier week, based on STR‘s newest information by 11 March. 

5-11 March 2023 (share change from comparable weeks in 2022, 2019):

• Occupancy: 64.7% (+2.8%, -7.5%)
• Common each day price (ADR): US$158.20 (+8.1%, +16.6%)
• Income per obtainable room (RevPAR): US$102.38 (+11.1%, +7.8%)

Among the many Prime 25 Markets, Washington, D.C., noticed the best year-over-year improve in occupancy (+21.8% to 67.6%). None of the Prime 25 Markets noticed an occupancy elevate over 2019. 

D.C. additionally confirmed essentially the most substantial ADR (+23.4% to US$183.86) and RevPAR development (+50.2% to US$124.33) yr over yr.

By way of ADR, Anaheim reported the best ADR (+51.4% to US$245.62) and RevPAR (+42.2% to US$189.81) will increase when measuring towards 2019. 

The steepest RevPAR declines from 2019 have been seen in San Francisco (-22.8% to US$144.02) and Minneapolis (-15.2% to US$61.44).  Yr over yr, San Diego (-16.1% to US$61.99) reported the biggest RevPAR lower.