The occupancy rate was down 7.7% compared to the same week in 2019.

on Estimated risk per 08.12.2022 15:14:00

U.S. hotel numbers were higher than the previous week but showed weakness from 2019, according to the latest STR data for December. 3.

Nov. from 27 to dec. September 3, 2022 (percentage change from comparable week in 2019*):

Occupancy: 55.4% (-7.7%)
• Average daily rate (ADR): $141.71 (+10.2%).
• Revenue Per Affordable Number (RevPAR): $78.50 (+1.7%).

*Due to the impact of the pandemic, STR measures recovery from comparable time periods since 2019.
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The following graph shows the seasonal dynamics of hotel occupancy using an average of four weeks.

Hotel occupancyClick on the graph to enlarge the image.

The red line is 2022, the black line is 2020, the blue line is the median, the light blue dotted line is 2021. The purple dotted line is 2019 (STR compares to a successful year for hotels).

The 4-week average occupancy rate is above the previous 20-year average (blue) and close to 2019 levels.

Note. The y-axis does not start at zero to better show seasonal changes.

The 4-week average occupancy continues to decline until winter.