U.S. hotel performance increased from the previous week and showed significant improvement against 2019 comparables, according to STR‘s latest data through Feb. 26.
Feb. 20-26, 2022 (percentage change from comparable week in 2019*):
• Occupancy: 62.2% (-4.7%)
• Average daily rate (ADR): $143.83 (+13.1%)
• Revenue per available room (RevPAR): $89.45 (+7.7%)*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
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The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.
The red line is for 2022, black is 2020, blue is the median, and dashed light blue is for 2021.
The 4-week average of the occupancy rate is below the median rate for the previous 20 years (Blue).
Note: Y-axis doesn’t start at zero to better show the seasonal change.
The 4-week average of the occupancy rate will increase seasonally over the next few months.