Friday, June 2, 2023

U.S. Weekly Resort Efficiency Exhibits Combined Comparisons


May 2023

HENDERSONVILLE, Tennessee—U.S. weekly lodge efficiency produced combined year-over-year comparisons, in response to STR’s newest knowledge via Could 13, 2023.

U.S. Resort Efficiency

Could 7-13, 2023

Proportion change from comparable week in 2022:
Occupancy: 65.1 % (down 2.0 %)
ADR: $154.90 (up 3.4 %)
RevPAR: $100.81 (up 1.3 %)

Worsened comparisons than the week prior had been anticipated and regular given seasonal slowing and the unfavourable facet of the Mom’s Day calendar shift.

Among the many High 25 Markets, Philadelphia noticed the one double-digit improve in occupancy (up 13.3 % to 73.2 %) in addition to the very best jumps in ADR (up 14.5 % to $189.50) and RevPAR (up 29.7 % to $138.80).

Of word, New York Metropolis (83.7 %) was the one main market to report occupancy above 80 %. That stage was up 3.9 % yr over yr.

The steepest occupancy decline was reported in San Francisco/San Mateo (down 9.2 % to 65.7 %). Accommodations in Miami reported the largest declines in ADR (down 14.2 % to $221.88) and RevPAR (down 20.9 % to $153.71).

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