Occupancy Fee Down 2.3% Year-in excess of-calendar year

by Calculated Chance on 6/09/2023 08:49:00 AM

As anticipated with the Memorial Day getaway, U.S. hotel performance lessened from the preceding 7 days, in accordance to STR‘s newest info by way of 3 June.

28 Could through 3 June 2023 (share transform from similar week in 2022):

• Occupancy: 61.6% (-2.3%)
• Regular each day fee (ADR): US$150.28 (+1.3%)
• Revenue for each available room (RevPAR): US$92.55 (-1.%)
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The subsequent graph shows the seasonal sample for the hotel occupancy level applying the four-week average.

Simply click on graph for bigger graphic.

The crimson line is for 2023, black is 2020, blue is the median, and dashed gentle blue is for 2022.  Dashed purple is for 2018, the report 12 months for hotel occupancy. 

The 4-7 days average of the occupancy level is at the median fee for the time period 2000 by 2022 (Blue).

Notice: Y-axis doesn’t start off at zero to much better clearly show the seasonal modify.

The 4-7 days ordinary of the occupancy charge will increase during the summer months vacation period.