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STR: U.S. hotel performance declines in last week of June

St. Louis occupancy rose by a significant 22.2 percent YoY, reaching 71.6 percent

STR: U.S. hotel performance declines in last week of June

U.S. HOTEL PERFORMANCE experienced a decline in the last week of June from the previous week, according to STR. However, year-over-year comparisons showed signs of improvement.

Occupancy dropped to 69.9 percent in the week ending July 1, declining from the previous week's 71.4 percent and experiencing a 4.1 percent decrease compared to 2022. ADR stood at $156.27, slightly lower than the previous week's $159, but still reflecting a 1.5 percent increase compared to the same period last year. RevPAR was $109.18, down from the previous week's $113.58, yet indicating a 5.7 percent increase compared to 2022.


Among the top 25 markets, St. Louis experienced the most significant year-over-year increases in occupancy, rising by 22.2 percent to reach 71.6 percent. Additionally, RevPAR saw growth of 39.3 percent, reaching $96.46.

Philadelphia achieved the largest increase in ADR, with a notable rise of 16.4 percent to reach $170.53.

The steepest RevPAR declines were observed in New Orleans, which decreased by 25.1 percent to $119.12, and Miami, which experienced a decline of 10.2 percent to $112.20.

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AHLA Fdn.Testifies on Anti-Human Trafficking Efforts
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AHLA Foundation testifies on anti-trafficking efforts

Summary:

  • The AHLA Foundation testified on lodging industry anti-trafficking efforts.
  • Testimony focused on efforts ahead of major global events.
  • The hotel industry has conducted more than 2.5 million anti-trafficking trainings to date.

THE AHLA FOUNDATION testified before the Congressional Task Force on Enhancing Security for Special Events. The testimony highlighted the lodging industry's anti-human trafficking efforts ahead of major global events drawing international visitors to the U.S.

Eliza McCoy, AHLA Foundation’s vice president of programs and impact, emphasized that human trafficking prevention is a shared responsibility as the nation prepares for these events, AHLA Foundation said in a statement.

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