Wednesday, October 4, 2023

U.S. Resort Efficiency Will increase, Exhibits Combined Comparisons to 2019


HENDERSONVILLE, Tennessee—U.S. resort efficiency rose from the earlier week and confirmed blended comparisons in opposition to 2019, in line with STR’s newest knowledge via January 14, 2022.

U.S. Resort Efficiency

January 8-14, 2023

Proportion change from comparable week in 2019:
Occupancy: 54.8 p.c (down 5.5 p.c)
ADR: $144.81 (up 15.7 p.c)
RevPAR: $79.38 (up 9.3 p.c)

Whereas not one of the High 25 Markets reported an occupancy improve over 2019, Dallas got here closest to its 2019 comparable (down 2.1 p.c to 69.0 p.c).

San Francisco posted the best ADR (up 141.1 p.c to $574.24) and RevPAR (up 91.9 p.c to $373.97) jumps over 2019, helped by the forty first Annual J.P. Morgan Healthcare Convention.

The steepest RevPAR declines from 2019 had been seen in Detroit (down 32.6 p.c to $55.32) and Seattle (down 21.8 p.c to $78.26).

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