Reflecting continued seasonal slowing in spring break travel, U.S. hotel performance fell slightly from the previous week, according to STR's latest data.
For the week of March 27-April 2 (percentage change from comparable week in 2019):
- Occupancy: 64.1 percent (-6.4 percent)
- Average daily rate: $145.74 (+11.7 percent)
- Revenue per available room: $93.48 (+4.5 percent)
In comparison, during the week of March 20-26:
- Occupancy: 65.5 percent
- Average daily rate: $149.38
- Revenue per available room: $97.92
Top Markets
Among STR's top 25 markets, Phoenix saw the only occupancy increase over 2019 (+0.2 percent to 79.9 percent). Minneapolis experienced the largest occupancy decrease from 2019 (-23.9 percent to 51.3 percent).
Lifted by the NCAA Men’s Final Four, New Orleans posted the largest ADR increase over 2019 (+43.1 percent to $237.69).
The steepest RevPAR deficits were in Minneapolis (-40.6 percent to $63.07) and San Francisco/San Mateo (-37.1 percent to $106.88).