U.S. lodge efficiency remained principally flat from the earlier week, and year-over-year comparisons remained combined, 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).