Home Hospitality U.S. hotel results for week ending 23 October

U.S. hotel results for week ending 23 October

HENDERSONVILLE, Tennessee – U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR‘s latest data through 23 October.

17-23 October 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 63.9% (-9.1%)
  • Average daily rate (ADR): US$134.14 (-0.6%)
  • Revenue per available room (RevPAR): US$85.74 (-9.6%)

While none of the Top 25 Markets recorded an occupancy increase over 2019, Tampa came closest to its 2019 comparable (-3.1% to 68.5%). The market also reported the largest increases in ADR (+16.1% to US$138.33) and RevPAR (+12.6% to US$94.71) when compared with 2019.

Two markets matched for the steepest occupancy decline from 2019: Oahu Island (-39.7% to 49.6%) and San Francisco/San Mateo (-39.7% to 53.0%).

The largest RevPAR deficits were in San Francisco/San Mateo (-58.9% to US$92.26) and Washington, D.C. (-49.9% to US$81.21).

*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.

Additional Performance Data

STR’s world-leading hotel performance sample comprises 70,000 properties and 9.3 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

Communications Coordinator
Phone: +1 615 824 8664 ext. 3500
Send email

Source link

Previous articleChili’s Adds Four New Mouth-Watering Big Mouth Burgers To Its Menu
Next articleU.S. Hotel Occupancy Dips Slightly, But Room Rates Are Up