STR: April U.S. hotel occupancy slips, rates moderate

Among STR’s top 25 markets, New York reported the highest occupancy level in April at 82.6%

May 24, 2023

Average U.S. hotel revenue per available room and daily rates in April 2023 increased modestly year over year, showing signs of moderating while occupancy slipped, according to hospitality analytics firm STR.

Key takeaways

  • April U.S. hotel occupancy was 64.4%, down 1.4% year over year and down 0.9% points from the month prior, which also was below 2019 levels;
  • U.S. hotel ADR in April was $155.77, up 3.4 percent year over year, while slightly down from $158.17 in March. April U.S. hotel RevPAR increased 1.9 percent year over year to $100.39, which was down slightly from March.

Get the full story at STR

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