Occupancy Price Down 0.3% In comparison with Identical Week in 2019

by Calculated Threat on 2/05/2023 10:02:00 AM

U.S. lodge efficiency elevated from the earlier week, based on STR‘s newest information by Jan. 28.

Jan. 22-28, 2023 (share change from comparable week in 2019*):

Occupancy: 56.3% (-0.3%)
• Common every day charge (ADR): $142.66 (+13.4%)
• Income per accessible room (RevPAR): $80.32 (+13.0%)

*Because of the pandemic impression, STR is measuring restoration towards comparable time intervals from 2019. Yr-over-year comparisons will as soon as once more turn into customary after the primary quarter.
emphasis added

The next graph reveals the seasonal sample for the lodge occupancy charge utilizing the four-week common.

Hotel Occupancy RateClick on on graph for bigger picture.

The crimson line is for 2023, black is 2020, blue is the median, and dashed mild blue is for 2022.  Dashed purple is 2019 (STR is evaluating to a robust 12 months for accommodations).

The 4-week common of the occupancy charge is on the median charge for the earlier 20 years (Blue).

Be aware: Y-axis would not begin at zero to raised present the seasonal change.

The 4-week common of the occupancy charge will improve seasonally over the subsequent few months.

Leave a Reply

Your email address will not be published. Required fields are marked *