Culture

U.S. hotel results for week ending 18 September

us.-hotel-results-for-week-ending-18-september

U.S. hotel occupancy reached a 4-week high, according to STR‘s latest data through 18 September. 

12-18 September 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 63.0% (-11.6%)
  • Average daily rate (ADR): US$131.04 (-2.6%)
  • Revenue per available room (RevPAR): US$82.50 (-13.9%)

The gain in occupancy was helped by weekly group demand eclipsing 1 million for the first time since the earliest days of the pandemic. More group demand created a lowering effect on ADR, as group rooms for upper-tier classes are typically priced lower than transient rooms.

Among the Top 25 Markets, New Orleans recorded the largest 2021 vs. 2019 gains in both occupancy (+7.3% to 72.6%) and RevPAR (+18.2% to US$114.37).

Oahu Island experienced the steepest decline in occupancy when compared with 2019 (-43.9% to 49.6%).

Miami reported the largest ADR increase over 2019 (+22.5% to US$166.04).

The largest RevPAR deficits were in San Francisco/San Mateo (-65.5% to US$91.23) and Washington, D.C. (-53.1% to US$69.87).

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

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