January 31, 2022 | Maera Tezuka | S&P Global Market Intelligence<\/p>\n
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.<\/p>\n
STR is measuring recovery against comparable time periods from 2019 due to the impact of the pandemic on the industry.<\/p>\n
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%.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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.<\/p>\n
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…<\/p>\n","protected":false},"author":3464,"featured_media":167684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-article.php","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2806,3010,2939,2813,2737,2965],"tags":[],"class_list":["post-167683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-class","category-asset-manager-news","category-commercial-real-estate","category-hospitality","category-offering-type","category-performance"],"acf":[],"yoast_head":"\n