Wednesday, October 4, 2023

U.S. Lodges Report 66.8% Occupancy for Week Ending Might twenty seventh

  The steepest RevPAR declines had been seen in Miami (-10.0% to US$143.51)


As anticipated forward of Memorial Day, U.S. resort efficiency decreased from the earlier week, in accordance with STR‘s newest information by way of 27 Might. Yr-over-year comparisons had been improved.

21-27 Might 2023 (proportion change from comparable week in 2022):

  • Occupancy: 66.8% (+0.6%)
  • Common day by day fee (ADR): US$156.63 (+2.2%)
  • Income per accessible room (RevPAR): US$104.62 (+2.9%)

Among the many Prime 25 Markets, Washington, D.C., noticed the very best year-over-year occupancy elevate (+10.5% to 76.2%).

Of be aware, New York Metropolis registered the very best occupancy stage (85.7%), helped by Taylor Swift’s Eras Tour.  

Detroit reported the most important will increase in ADR (+16.9% to US$137.08) and RevPAR (+29.0% to US$91.54) over 2022.

The steepest RevPAR declines had been seen in Miami (-10.0% to US$143.51) and Dallas (-7.0% to US$83.35).

STR offers premium information benchmarking, analytics and market insights for international hospitality sectors. Based in 1985, STR maintains a presence in 15 international locations with a company North American headquarters in Hendersonville, Tennessee, a global headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the main supplier of economic actual property data, analytics and on-line marketplaces. For extra data, please go to and

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