US Hotel Occupancy Remains Flat in Week Ended January 22
January 31, 2022 | Maera Tezuka | S&P Global Market Intelligence
Occupancy at U.S. hotels for the week ended January 22 was relatively flat from the prior week but was down 15.9% from the comparable period in 2019, according to data from STR, which tracks the hospitality industry.
STR is measuring recovery against comparable time periods from 2019 due to the impact of the pandemic on the industry.
The average daily rate fell 1.4% to $122.17 from the same week in 2019, while revenue per available room ended the week at $59.52, down 17.1%.
None of the top 25 markets reported an occupancy increase from the corresponding 2019 period, but Tampa, Fla., came closest at 72.1%, reflecting a 1.7% decline from 2019.
Tampa also booked a 14.0% ADR increase to $151.74 and a 12.0% RevPAR gain to $109.39 compared to the same week in 2019, the biggest increases for the metrics.
San Francisco/San Mateo, Calif., experienced the biggest occupancy drop versus the 2019 period, down 46.5% to 39.3%. It also recorded the steepest RevPAR deficit, falling 66.7% to $61.46, followed by Anaheim/Santa Ana, Calif., declining 48.6% to $68.64.
