October 2-8 (percentage change from comparable week in 2019):
Occupancy: 68.2% (-3.5%)
ADR: $153.79 (+16.9%)
RevPAR: $104.83 (+12.8%)
While weekday performance showed an expected decline due to Yom Kippur, school breaks and the extended holiday weekend helped lift levels on Friday and Saturday. Performance levels in Florida were also lifted by post-Hurricane Ian demand.
Among the top 25 markets, Orlando reported the highest occupancy increase over 2019 (+1.9% to 73.6%).
San Diego reported the largest ADR gain over 2019 (+39.3% to $216.93).
San Francisco was the only market to post an ADR drop (-17.7% to $227.56).
The steepest RevPAR declines were in San Francisco (-32.5% to $162.40) and Minneapolis (-14.5% to $84.46).
Tags: STR
