U.S. lodge outcomes for week ending 24 June

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U.S. lodge efficiency remained principally flat from the earlier week, and year-over-year comparisons remained combined,US hotel in accordance with STR‘s newest information via 24 June. 

18-24 June 2023 (share change from comparable week in 2022):

  • Occupancy: 71.4% (-1.0%)
  • Common day by day price (ADR): US$159.00 (+0.9%)
  • Income per accessible room (RevPAR): US$113.58 (-0.1%)

Among the many High 25 Markets, Minneapolis noticed the best year-over-year will increase in every of the three key efficiency metrics: occupancy (+9.1% to 74.5%), ADR (+20.2% to US$158.08) and RevPAR (+31.1% to US$117.80). The substantial will increase had been pushed by Taylor Swift’s Eras Tour. 

The steepest RevPAR declines had been seen in New Orleans (-14.6% to US$87.85) and Miami (-11.9% to US$122.22).



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