by Calculated Risk on 5/19/2022 12:40:00 PM
May 8-14, 2022 (percentage change from comparable week in 2019*):
o Occupancy: 66.5% (-5.9%)
o Average daily rate (ADR): $148.31 (+10.5%)
o Revenue per available room (RevPAR): $98.59 (+4.1%)
*Due to the pandemic impact, STR is measuring recovery against comparable time periods from 2019.
The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.
The red line is for 2022, black is 2020, blue is the median, and dashed light blue is for 2021. Dashed purple is 2019 (STR is comparing to a strong year for hotels).