March 26 through April 1 (percentage change from comparable weeks in 2022, 2019):
Occupancy: 66.2% (+3.4%, -3.5%)
ADR: $158.40 (+7.3%, +19.9%)
RevPAR: $104.78 (+10.9%, +15.7%)
Among the top 25 markets, Washington, DC, saw the highest year-over-year (YOY) increase in occupancy (+18.2% to 78.7%), while Dallas saw the highest occupancy lift over 2019 (+6.2% to 73.0%).
Houston showed the most substantial ADR growth YOY (+25.8% to $133.50), while Phoenix reported the highest ADR increase over 2019 (+49.4% to $232.54).
Las Vegas reported the highest RevPAR increase when measuring against 2019 (+49.8% to $168.41), while Washington, DC, registered the largest YOY increase in the metric (+44.1% to $165.44).
The steepest RevPAR declines from 2019 were seen in Minneapolis (-37.4% to $66.73) and San Francisco (-27.5% to $123.96). New Orleans reported the largest YOY RevPAR decrease (-26.4% to $125.83).
Tags: STR
