HENDERSONVILLE, Tennessee—As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR’s latest data through May 27, 2023. Year-over-year comparisons were improved. U.S. Hotel Performance May 21-27, 2023 Percentage change from comparable week in 2022:Occupancy: 66.8 percent (up 0.6 percent)ADR: $156.63 (up 2.2 percent)RevPAR: $104.62 (up 2.9 percent) Among the Top 25 Markets…
Read More