Each week, STR analysts provide a deep-dive into U.S. hotel performance.
The most recent video, highlighting performance for 10-16 May, is linked below.
Key highlights:
- Updated U.S. forecast for 2020: occupancy (-45.8%), ADR (-21.6%) and RevPAR (-57.5%). More information can be found here.
- Weekend occupancy for 15-16 May was at 34.8%.
- Drive to destinations showed strong weekend performance, with Myrtle Beach/South, S.C., recording a 51.2-point weekend vs. weekday occupancy gain.
- 10.9 million room nights were sold.