When Omicron hit in full force, the rate of RevPAR recovery (as a percentage of 2019) in January and February stepped down from December’s level as consumers cancelled upcoming trips in the short-term and delayed future travel planning. As a result, nationwide occupancies dipped to 84% of 2019 levels during the first three weeks of January 2022, compared to above fair share in certain weeks in December, based on STR data.