Common U.S. lodge trade occupancy in August 2022 dropped from the earlier month, whereas common each day charge and income per out there room displayed noteworthy year-over-year development, in accordance with hospitality analytics agency STR.
Following seasonal patterns, August U.S. occupancy declined 6.7 % from August 2019 to 66.5 %. It additionally dropped from the 69.6 degree recorded in July 2022.
August ADR elevated 14 % from August 2019 to $151.49, barely greater than the record-breaking month prior. August RevPAR was $100.67, up 6.3 % from August 2019.
Oahu reigned supreme with the very best occupancy degree of STR’s high 25 markets at 81.6 %, although down 8.3 % from 2019.
The bottom August occupancy among the many high 25 was in New Orleans at 47.3 %, and the town had the steepest occupancy drop (21.9 %) when put next with 2019.
STR indicated its high 25 markets typically confirmed greater occupancy and ADR than different markets, for which it cited “continued enchancment in enterprise journey and teams.”
