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Thursday, September 19, 2024

STR: U.S. Hotel Occupancy Improved from Previous Week

Hotel

Asian American Hotel Owners Association (AAHOA) recently issued the following announcement.

U.S. hotel occupancy improved from the previous week, while average daily rate decreased slightly, according to STR‘s latest data through April 30 (percentage change from comparable week in 2019*):

  • Occupancy: 66.6% (-3.4%)
  • ADR: US$146.67 (+10.2%)
  • RevPAR: US$97.72 (+6.4%)
Among the Top 25 Markets, Phoenix saw the highest occupancy increase over 2019 (+5.5% to 7

Original source can be found here.

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