U.S. hotel performance decline continues in January
January U.S. hotel occupancy was 52.8%, down slightly from 53.6% the month prior and 3 percent below 2019 levels
Following seasonal patterns, the U.S. hotel industry reported lower performance from the month prior, according to January 2023 data from STR.
January 2023 (percentage change from January 2019):
- Occupancy: 52.8% (-3.0%)
- Average daily rate (ADR): US$142.14 (+13.8%)
- Revenue per available room (RevPAR): US$75.01 (+10.4%)
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