Occupancy rate down 4.8% compared to the same week in 2019

on Estimated risk per 06/26/2022 08:12:00

U.S. hotel revenue per vacant room (RevPAR) hit a record weekly high in nominal terms and an inflation-adjusted pandemic-era high, according to the latest STR data for June 18.

June 12-18, 2022 (percentage change from comparable week 2019*):

Occupancy: 71.8% (-4.8%)
• Average Daily Rate (ADR): $155.02 (+14.9%)
• revenue per available number (RevPAR): $111.29 (+9.4%)

*Due to the impact of the pandemic, STR measures recovery from comparable time periods since 2019.
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The following graph shows the seasonal dynamics of hotel occupancy using an average of four weeks.

Hotel occupancyClick on the graph to enlarge the image.

The red line is 2022, the black line is 2020, the blue line is the median, the light blue dotted line is 2021. The purple dotted line is 2019 (STR compares to a successful year for hotels).

The 4-week average occupancy rate is higher than the average for the previous 20 years (blue).

Note. The y-axis does not start at zero to better show seasonal changes.

During the summer, the 4-week average occupancy rate will increase.