spring break 2022
As Spring Break Volume Dipped, U.S. Hotel Occupancy Saw Decrease
STR | April 1, 2022
As Spring Break travel volume dipped, the U.S. hotel industry saw weekly occupancy decrease 1.3 percentage points to 65.5% for the week of 20-26 March 2022. As compared with a year ago, average occupancy for the past two weeks combined was nearly eight percentage points higher, while the gap to 2019 was down to five percentage points. Average daily rate (ADR) also softened 1.5% week on week with the absolute level (US$149) the third highest in history. With lower occupancy and ADR, revenue per available room (RevPAR) decreased 3.5% from the week prior. While the country saw an overall seasonal slowing in occupancy, several markets saw thei...
U.S. Spring Break Destinations Continue Dominance With Peak Still to Come
STR | March 23, 2022
Leisure travel continues to be particularly strong in the U.S. as spring kicks into gear, and the biggest hotel performance wins recently have come in those U.S. markets that are traditional Spring Break destinations. At the same time, major urban centers are seeing some return of transient business demand along with increases in group bookings. Since last month’s update, travelers have continued to seek relief and respite in warmer or winter-fun locales, as shown by hotel performance data for the four weeks ending 12 March 2022. This is an especially good sign for the industry as the largest percentage of K-12 students are not expected...
Tripadvisor’s Spring Travel Index Shows Americans are Spending Big, Prioritizing R&R This Season
Tripadvisor | March 11, 2022
NEEDHAM, MA - March 11, 2022 - After snowstorms and freezing temperatures have pummeled cities across the United States this winter, the long-awaited arrival of spring is nearly within reach. Tripadvisor today released its seasonal Spring Travel Index, using a combination of search and sentiment data to reveal what - and where - is hot this spring. After a slower winter with new variants curbing many vacation plans, travel is in full bloom this spring. Despite the rising cost of fuel and inflation overall, people aren't willing to let this hamper their spring travel plans. In fact, over half of Americans (53%) are planning on travel...
