Washington County’s hotels continue to perform at near-2019 levels.
According to STR, which provides market data on the hotel industry around the globe. Washington County’s hotels continue to make an upward trajectory in two key performance areas: Occupancy (OCC) and Average Daily Room Rates (ADR). For the month of June 2022, room occupancy grew to 82.6%–a 15.2% increase over 2021, and just over 1% shy of 2019 occupancy. Average daily room rates grew to $143.42, nearly $10 more than it was in 2019.
These occupancy and ADR numbers growth is also encouraging, given that during the same six-month period in 2019, Washington County had a total of 53 hotels (5,406 available hotel rooms). In 2022, Washington County’s room inventory rose to 57 hotels (6,032 available hotel rooms).
The following charts illustrate the recovery of Washington County’s hotel performance for the month of June from 2019 to 2022 (according to STR). Source: STR, June 2022 (7-18-2022)
The following charts illustrate Washington County’s hotel performance for the first six months of the year, from 2019 to 2022 (according to STR).
Source: STR, June 2022 (7-18-2022)