Wednesday, March 29, 2023
HomeHotelU.S. Resort Efficiency Will increase With Spring Break Journey Onset

U.S. Resort Efficiency Will increase With Spring Break Journey Onset

HENDERSONVILLE, Tennessee—Helped by the onset of spring break journey, U.S. resort efficiency elevated from the earlier week, based on STR’s newest knowledge via March 11, 2023.

U.S. Resort Efficiency

March 5-11, 2023

Share change from comparable weeks in 2022, 2019:
Occupancy: 64.7 p.c (up 2.8 p.c, down 7.5 p.c)
ADR: $158.20 (up 8.1 p.c, up 16.6 p.c)
RevPAR: $102.38 (up 11.1 p.c, up 7.8 p.c)

Among the many Prime 25 Markets, Washington, D.C., noticed the best year-over-year enhance in occupancy (up 21.8 p.c to 67.6 p.c). Not one of the Prime 25 Markets noticed an occupancy carry over 2019.

Washington, D.C., additionally confirmed essentially the most substantial ADR (up 23.4 p.c to $183.86) and RevPAR progress (up 50.2 p.c to $124.33) 12 months over 12 months.

When it comes to ADR, Anaheim reported the best ADR (up 51.4 p.c to $245.62) and RevPAR (up 42.2 p.c to $189.81) will increase when measuring in opposition to 2019.

The steepest RevPAR declines from 2019 have been seen in San Francisco (down 22.8 p.c to $144.02) and Minneapolis (down 15.2 p.c to $61.44). Yr over 12 months, San Diego (down 16.1 p.c to $61.99) reported essentially the most important RevPAR lower.



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments