U.S. lodge outcomes for week ending 25 March
Reflecting the traditional ebb and stream of spring break season, U.S. lodge efficiency decreased from the earlier week, in response to STR‘s
newest knowledge by 25 March.
19-25 March 2023 (proportion change from comparable weeks in 2022, 2019):
- Occupancy: 64.9% (-0.6%, -6.3%)
- Common each day price (ADR): US$158.61 (+4.7%, +19.5%)
- Income per out there room (RevPAR): US$102.98 (+4.1%, +12.0%)
Among the many Prime 25 Markets, Chicago noticed the best year-over-year increase in occupancy (+12.2% to 63.4%), whereas Phoenix noticed the one occupancy elevate over 2019 (+3.1% to 81.5%).
Washington, D.C., confirmed essentially the most substantial ADR (+20.9% to US$194.18) and RevPAR growth (+33.4% to US$139.83) 12 months over 12 months. Las Vegas reported the best will increase within the metrics when measuring in opposition to 2019: ADR (+42.7% to US$187.21) and RevPAR (+31.5% to US$148.86).
The steepest RevPAR declines from 2019 have been seen in Seattle (-11.8% to US$101.31) and New Orleans (-11.4% to US$124.47). New Orleans additionally reported the most important RevPAR lower 12 months over 12 months (-12.4% to US$124.47).
