trending Market Intelligence /marketintelligence/en/news-insights/trending/bhlUbquPClzbmL3FwtCPZg2 content esgSubNav
In This List

STR: US hotels post declines in 3 key metrics for week ended Jan. 12

Blog

Infographic: Key questions when assessing an Alternative Investment Funds (AIFs) creditworthiness

Blog

Perspectives from China: Chinese M&A in 2022

Blog

Headwinds slow global M&A in Q2’22

Blog

New Corporate Realities: The Next Generation of Managing Risk and Operations


STR: US hotels post declines in 3 key metrics for week ended Jan. 12

U.S. hotels logged negative performance for the week ended Jan. 12, according to STR data.

Year over year, revenue per available room, or RevPAR, dropped 8.0% to $67.21, while the average daily rate, or ADR, decreased 2.3% to finish the week at $125.69. Occupancy declined 5.9%, to 53.5%.

Orlando, Fla., saw RevPAR drop 33.9% to $85.92, the largest decrease of the top 25 U.S. markets. The market also recorded the steepest ADR decline, with the metric falling 16.6% to $126.55.

Houston reported the largest occupancy decline, falling 21.9%, to 52.0%.

San Francisco/San Mateo, Calif., posted the only RevPAR increase, of 13.8% to $396.79. The market also saw the largest uptick in ADR, of 13.9% to $506.23.

None of the top 25 markets saw a rise in occupancy for the week.