STR: U.S. September hotel rates rise, occupancy slips YOY

The U.S. hotel industry reported higher performance results from the previous month, according to September 2023

Oct 24, 2023

Average revenue per available room and daily rates among U.S. hotels in September increased year over year, while occupancy slipped, according to hotel analytics firm STR. RevPAR, ADR and occupancy, however, all increased month over month.

Key takeaways

  • September U.S. hotel ADR was $160.18, up 3.5% year over year and above August’s ADR of $153.60. RevPAR was $106.07, up 2.9% year over year and above August’s $101.35;
  • Average U.S. hotel occupancy in September was 66.2%, down 0.5% year over year, but a slight increase from 66% the month prior. This bump from August reflected the first month-over-month increase in U.S. hotel occupancy since May.

Get the full story at STR

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