Lifted by spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019, according to STR‘s latest data through March 19.
March 13-19, 2022 (percentage change from comparable week in 2019*):
• Occupancy: 66.9% (-3.7%)
• Average daily rate (ADR): $151.63 (+13.6%)
• Revenue per available room (RevPAR): $101.44 (+9.5%)*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.
Click on graph for larger image.
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 close to 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 now mostly move sideways seasonally until the summer.