STR: U.S. hotel results for week ending June 3

 As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through June 3.

May 28 through June 3 (percentage change from comparable week in 2022):

Occupancy: 61.6% (-2.3%)
ADR: $150.28 (+1.3%)
RevPAR: $92.55 (-1%)

Among the top 25 markets, Las Vegas saw the highest year-over-year occupancy lift (+9.5% to 73.5%).

Washington, DC, posted the only double-digit gain in ADR (+10.7% to $174.53).

Boston reported the largest RevPAR increase (+18.6% to $176.93) over 2022.

The steepest RevPAR declines were seen in San Francisco (-15.6% to $108.49) and Orlando (-12.8% to $109.48)

Tags: STR