NYC Leading U.S. Markets, Boston, D.C. and Alaska Join Occupancy Leaderboard

STR | May 25, 2023

Analysis by M. Brian Riley U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks that include solid leisure travel, improved demand from conventions and group bookings, and returning business travel in larger markets. At a market-level, New York City continued to hold down the top occupancy spot while markets like Boston, Washington, D.C. and Alaska joined the leaderboard. Four-weeks ending 13 May 2023: Occupancy grew 1.4 percentage points (ppts) from the previous four weeks to 66.0%. Occupancy was u...