U.S. Hotel Industry Inches Back to Pre-Pandemic Numbers

US hotel performance increased from the previous week and showed significant improvement compared to 2019 peers, according to the latest STR data through Feb. 26.  

February 20-26, 2022 (percent 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%)

Among the top 25 markets, Orlando saw the largest occupancy increase during 2019 (+6.7% to 85.9%). San Francisco/San Mateo experienced the largest occupancy decline since 2019 (-31.9% to 53.7%).

With the help of the South Beach Wine & Food Festival, Miami posted the highest increases in ADR (+47.0% to $365.64) and RevPAR (+55.1% to $325.36) during 2019.

The largest RevPAR shortfalls were in San Francisco/San Mateo (-52.6% to $87.68) and Washington, DC (-45.7% to $61.61).

STR's world-leading hotel performance sample comprises 73,000 properties and 9.6 million rooms worldwide. Members of the media should refer to the contacts listed below to request additional data.