trending Market Intelligence /marketintelligence/en/news-insights/trending/5cQRlgdOwcPr786GCO5icg2 content esgSubNav
In This List

STR: US hotels log growth in 3 key metrics for week ended Dec. 15

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

M&A, IPOs hit a speed bump in early 2022


STR: US hotels log growth in 3 key metrics for week ended Dec. 15

U.S. hotels posted positive performance for the week ended Dec. 15, according to STR data.

Year over year, revenue per available room moved up 4.6% to $68.25, while the average daily rate rose 3.2% to finish the week at $119.10. Occupancy increased 1.3% to 57.3%.

Washington, D.C.-Maryland-Virginia saw the highest RevPAR uptick among the top 25 U.S. markets, with a 29.2% increase to $106.13. The market also recorded the largest increase in occupancy, with the metric rising 14.7% to 69.1%.

Seattle saw the largest rise in ADR, with the metric increasing 15.8% to $149.09.

New Orleans saw RevPAR fall 31.6% to $70.65, the largest decrease. The market also posted the largest ADR decline, falling 12.6% to $123.76, and the steepest fall in occupancy, down 21.7% to 57.1%.