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U.S. resort outcomes for week ending 20 Might


HENDERSONVILLE, Tennessee – U.S. resort efficiency elevated from the earlier week and confirmed improved comparisons 12 months over 12 months, in keeping with STR‘s newest information by means of 20 Might.

14-20 Might 2023 (proportion change from comparable week in 2022):

  • Occupancy: 67.5% (-1.5%)
  • Common every day price (ADR): US$158.53 (+3.6%)
  • Income per obtainable room (RevPAR): US$106.98 (+2.1%)

The U.S. occupancy stage was the second highest for any week this 12 months.

Among the many High 25 Markets, Washington, D.C., noticed the very best year-over-year will increase in every of the three key efficiency metrics: occupancy (+9.3% to 83.2%), ADR (+16.2% to US$220.58) and RevPAR (+27.0% to US$183.60). The weekly occupancy stage was the very best out there for the reason that begin of the pandemic.

Of notice, New York Metropolis noticed the very best occupancy stage (89.5%), helped by NYU’s graduation at Yankee Stadium.

The steepest RevPAR declines have been seen in Miami (-17.6% to US$149.00) and San Francisco (-12.2% to US$161.59).

Extra Efficiency Information

STR’s world-leading resort efficiency pattern contains 77,000 properties and 10 million rooms across the globe. Members of the media ought to confer with the contacts listed beneath for added information requests.

About STR

STR supplies premium information benchmarking, analytics and market insights for world hospitality sectors. Based in 1985, STR maintains a presence in 15 international locations with a North American headquarters in Hendersonville, Tennessee, a global headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a number one supplier of on-line actual property marketplaces, info and analytics within the business and residential property markets. For extra info, please go to str.com and costargroup.com.

Haley Luther
Communications Supervisor
+1 (216) 278 0627
STR



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