HENDERSONVILLE, Tennessee — February 22, 2022 — The U.S. hotel industry reported lower performance to open the year, according to January 2022 data from STR.
January 2022 (percentage change from January 2019):
- Occupancy: 47.8% (-12.6%)
- Average daily rate (ADR): US$123.51 (-0.3%)
- Revenue per available room (RevPAR): US$58.98 (-12.8%)
Among the Top 25 Markets, Miami experienced the highest occupancy level (68.2%), which was still down 12.9% from the market’s 2019 benchmark.
Markets with the lowest occupancy for the month included Chicago (35.4%) and Minneapolis (36.1%).
San Francisco/San Mateo reported the steepest decline in occupancy when compared with 2019 (-46.3%).
Overall, the Top 25 Markets showed higher occupancy and ADR than all other markets.
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Additional Performance Data
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