US Hotel Occupancy Slips During Easter Week
April 25, 2022 | STR
Hotel occupancy in the U.S. declined during the week ending April 16 to 62% from 66.4% in the previous week, according to data from STR, which tracks the hospitality industry.
Occupancy was down 5.6% compared to the same week in 2019. STR said it is measuring recovery against comparable time periods from 2019 due to the impact of the COVID-19 pandemic.
Average daily rate rose 14.4% to $147.25 during the week, and revenue per available room increased 8% to $91.25.
Among the top 25 markets, Tampa, Fla., recorded the biggest increase in occupancy at 76.6%, up 3.2% from the comparable week in 2019. The largest dip in occupancy was experienced by Minneapolis, plunging 22.7% to 46.6%.
Phoenix saw the biggest ADR growth, rising 33.8% to $189.16.
Minneapolis and Houston recorded the biggest RevPAR deficits, dropping 22.5% to $52.66 and 21.2% to $53.94, respectively.
Source: S&P Capital IQ
