Affected by both the Easter and Passover calendar shift, U.S. hotel performance reflected lower year-over-year comparisons from the previous week, according to STR‘s latest data through 8 April.
2-8 April 2023 (percentage change from comparable week in 2022):
- Occupancy: 61.3% (-7.4%)
- Average daily rate (ADR): US$153.30 (+0.8%)
- Revenue per available room (RevPAR): US$94.00 (-6.7%)
Among the Top 25 Markets, New York City saw the highest year-over-year increases in occupancy (+6.3% to 82.2%) and RevPAR (+19.4% to US$232.80).
Houston showed the most substantial ADR growth year over year (+15.5% to US$119.91).
The steepest RevPAR declines were seen in New Orleans (-45.2% to US$99.34) and Las Vegas (-28.3% to US$113.67).
