US Hotel Occupancy Lower Than Previous Week but Sets Christmas Record
Omicron has heaviest impact in New York >>
by: Harvey Chipkin
US hotel occupancy came in lower than the previous week but reached an all-time high on Christmas, according to STR’s latest data through Dec. 25. The results for the week of Dec. 19-25 compared with the comparable week in 2019 were as follows: occupancy, 44.3% (down 8.7%); average daily rate (ADR), $129.67 (down 0.5%); and revenue per available room (RevPAR), $57.46 (down 8.3%). Christmas Day occupancy (47.2%) was just above the previous high from 2015 (47%).While Omicron-related closures and service disruptions affected performance in New York City, overall US occupancy was less impacted. A steeper decline from 2019 levels was due more to a calendar shift, as Christmas in 2019 fell on a Wednesday and allowed for an earlier return to non-holiday weekend levels that year. While none of the Top 25 Markets recorded an occupancy increase over 2019, Dallas came closest to its 2019 levels (down 2.8% to 43.6%). San Diego registered the largest ADR increase when compared with 2019 (up 12.5% to $147.05). The largest RevPAR deficits were in San Francisco/San Mateo (down 32% to $65.66) and New York City (down 30% to $143.80).
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