Global Travel Media » Blog Archive U.S. hotel results for week ending 5 June | Global Travel Media

Home » Hotel Trends » Currently Reading:

[sam id="86" codes="true"]

U.S. hotel results for week ending 5 June

June 12, 2021 Hotel Trends No Comments

U.S. weekly hotel performance remained relatively flat from the previous week but still reached pandemic-era highs, according to STR‘s latest data through 5 June.

30 May through 5 June 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 61.9% (-14.0%)
  • Average daily rate (ADR): US$123.49 (-6.7%)
  • Revenue per available room (RevPAR): US$76.44 (-19.7%)

Each of the three key performance metrics were the highest of the pandemic era.

Among the Top 25 Markets, Miami saw the largest increases over 2019 across each of the three key performance metrics: occupancy (+9.0% to 77.1%), ADR (+69.1% to US$257.24) and RevPAR (+84.2% to US$198.30).

Tampa (+1.6% to 74.2%) was the only other Top 25 Market to report an occupancy gain over 2019. Boston saw the steepest decline in occupancy when compared with 2019 (-45.2% to 47.7%).

Tampa reported the second-largest increases over 2019 in both ADR (+21.8% to US$148.13) and RevPAR (+23.7% to US$109.96).

The largest RevPAR deficits were in Boston (-69.0% to US$64.57) and San Francisco/San Mateo (-68.1% to US$70.28).

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

Comment on this Article:







ADVERTISEMENTS

Huawei EOFY banners Sidebar

ADVERTISEMENTS

ADVERTISEMENTS

ADVERTISEMENTS

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS


Advertisments

%d bloggers like this:
%d bloggers like this:
sitemap