in Estimated risk per 22.07.2022 08:26:00
According to the latest STR data for July 16, after two consecutive weeks of decline in demand due to the Fourth of July holiday, US hotel performance has recovered from the previous week.
July 10-16, 2022 (percentage change from comparable week 2019*):
• Occupancy: 72.0% (-7.4%)
• Average daily rate (ADR): $157.23 (+14.9%).
• Revenue per available number (RevPAR): $113.28 (+6.4%).
*Due to the impact of the pandemic, STR measures recovery from comparable time periods since 2019.
The following graph shows the seasonal dynamics of hotel occupancy using an average of four weeks.
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).
Note. The y-axis does not start at zero to better show seasonal changes.
The 4-week average occupancy will increase seasonally next month.