by Calculated Risk on 11/20/2022 08:15:00 AM
Nov. 6-12, 2022 (percentage change from comparable week in 2019*):
o Occupancy: 64.6% (+0.9%)
o Average daily rate (ADR): US$148.43 (+17.1%)
o Revenue per available room (RevPAR): US$95.89 (+18.2%)
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
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. Dashed purple is 2019 (STR is comparing to a strong year for hotels).