U.S. Hotels Eclipse Pre-Pandemic Performance for First Time
Skift Take
This is more of a symbolic than substantive win for U.S. hotels. That said: growth is growth, and operators should be happy.
U.S. hotel operators have reason to celebrate, but they shouldn't get too cocky with this performance win.
Revenue per available room — the hotel industry’s key performance metric — was up 5.7 percent last week from the same period in 2019, according to STR. This is the first sign of growth from pre-crisis levels and comes after weeks of U.S. hotels surging forward in their occupancy recovery.
All hotel sectors apart from luxury and upper upscale saw revenue gains over 2019 levels last week. Though, the luxury sector d
