US hotel occupancy reaches peak since December 2021 in week ended Feb. 12 – STR

Hotel occupancy in the U.S. for the week ended Feb. 12 attained its highest level since December 2021, at 54.6%, according to data from STR, which tracks the hospitality industry.

Despite reaching its peak, the figure represents a fall of 14.0% when measured against the comparable period in 2019.

STR said it is measuring recovery against comparable time periods from 2019 due to the pandemic impact.

The average daily rate rose 1.3% to $133.72, while revenue per available room for the week was $73.00, down 12.9% from the comparable period in 2019.

None of the top 25 markets reported an occupancy gain over 2019, but Phoenix came closest to its pre-pandemic comparable at 80.5%, down 3.2%.

San Francisco/San Mateo, Calif., logged the biggest drop in occupancy at 42.4%, down 50.5% from the comparable period in 2019.

Los Angeles experienced the highest increases in both ADR and RevPAR levels from the 2019 period, up 50.1% to $277.30 and rising 25.0% to $191.60, respectively, thanks to the Super Bowl LVI weekend.

The largest RevPAR deficits compared to the 2019 period were in San Francisco/San Mateo at $66.89, down 74.8%, and Seattle with a decrease of 43.1% to $59.11.