HENDERSONVILLE, Tennessee – Affected by each the Easter and Passover calendar shift, U.S. resort efficiency mirrored decrease year-over-year comparisons from the earlier week, based on STR‘s newest knowledge by means of 8 April.
2-8 April 2023 (share change from comparable week in 2022):
- Occupancy: 61.3% (-7.4%)
- Common every day fee (ADR): US$153.30 (+0.8%)
- Income per out there room (RevPAR): US$94.00 (-6.7%)
Among the many Prime 25 Markets, New York Metropolis noticed the very best year-over-year will increase in occupancy (+6.3% to 82.2%) and RevPAR (+19.4% to US$232.80).
Houston confirmed probably the most substantial ADR development yr over yr (+15.5% to US$119.91).
The steepest RevPAR declines had been seen in New Orleans (-45.2% to US$99.34) and Las Vegas (-28.3% to US$113.67).
Extra Efficiency Knowledge
STR’s world-leading resort efficiency pattern contains 77,000 properties and 10 million rooms across the globe. Members of the media ought to confer with the contacts listed beneath for added knowledge requests.
About STR
STR gives premium knowledge benchmarking, analytics and market insights for world hospitality sectors. Based in 1985, STR maintains a presence in 15 nations with a North American headquarters in Hendersonville, Tennessee, a world headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a number one supplier of on-line actual property marketplaces, info and analytics within the industrial and residential property markets. For extra info, please go to str.com and costargroup.com.
Haley Luther
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